$NBIS is at 253.61 today, up 8.73%, with $94.5M in trading volume. Guess who’s buying this rally?

Just a few months ago, nobody was talking about Nebius. Now it’s up 110% in six months. Jim Cramer’s been touting $CRWV and saying Nebius is overvalued—but take note: when he recommends switching stocks, it’s often a sign he’s just gotten in. In the Palantir deal, Nebius got the better end of it. I’m not making that up—the terms speak for themselves.

They just launched Beam, an open-source agentic model with 501B total parameters and 23B activated. That’s a serious contender in the AI cloud space.

My take: 230.81 is today’s low and short-term support. If it breaks below that, I’ll step aside and watch. 255.26 is resistance overhead; it tested that level once today and failed. If it breaks through and holds, I’ll add to my position. If it’s a false breakout and pulls back, I’ll buy around 236. Don’t chase it—jumping in at these volatility levels is just handing money to market makers.

At $NBIS ’s current level, I’m about 70% cautious and 30% greedy. That’s roughly the balance.

#AI