The $190 Battle: Why Today’s 138M Volume is a Massive Bullish Signal (The Retest is Coming)

$NVDA touched the sun today at $190 and took a breather. While the bears are calling it a "rejection," the data tells a different story.

The Breakdown:

Volume Confirmation: We traded 138 Million shares today—higher than yesterday's 124M. Volume moving up with price is the ultimate confirmation of institutional accumulation.

The $190 Sell-Wall: This was a psychological battleground. The pull-back to the $188 range is simply the market digesting the gains and flushing out the "weak hands" who took quick profits.

Blackwell Delivery: Reports of flawless Blackwell integration at major data centers are fueling the underlying bid. The "preheating" phase is over; we are moving into the delivery phase.

Technical View:

We have established a new floor at $187.50. Expect a period of consolidation before we launch another attack on the $190 resistance. Once $190 flips to support, the gap to $200 will close in a blink.

Stay disciplined. The Edge is sharper than ever.