$NVDA has retail chasing green candles straight into overhead supply at $221.50 - $224.00 after a 10-dollar vertical rip from the $210 base.
The herd panicked and dumped the bottom at $211, and now they are desperately buying the top of a multi-day distribution shelf. I am not gifting liquidity to trapped sellers here.
The playbook: fade this FOMO push between $221.50 and $223.50 looking for a mean-reversion flush back into $216.00 and $213.50.
Your hard invalidation rule is absolute: an hourly close holding above $224.50 and you kill the short instantly, zero debate. Never fight confirmed breakout momentum, but do not buy the roof.
$NVDA #Blackwell
The herd panicked and dumped the bottom at $211, and now they are desperately buying the top of a multi-day distribution shelf. I am not gifting liquidity to trapped sellers here.
The playbook: fade this FOMO push between $221.50 and $223.50 looking for a mean-reversion flush back into $216.00 and $213.50.
Your hard invalidation rule is absolute: an hourly close holding above $224.50 and you kill the short instantly, zero debate. Never fight confirmed breakout momentum, but do not buy the roof.
$NVDA #Blackwell
