NBIS – Nvidia Just Put $2 Billion In. Meta's In Too. Here's Why Nebius Group N.V. Class ABATS:NBISkunal00NBIS is on my watchlist right now but I'm not touching it tomorrow and I want to explain exactly why. Stock was sitting at $90 just a few days ago. It's run hard and fast. That move was real — NBIS is a neo-cloud infrastructure company that's been signing deals, landed a partnership with Meta, and got a direct investment from Nvidia. The fundamentals are there. The institutional interest is there. But the chart needs time to work now. There's a big flat top resistance level sitting around $131. That's the breakout level. Clear it on volume and this thing has room to move. But right now price is extended well above the 9 EMA and chasing a breakout here is how you get chopped out. Breakout failure risk goes up significantly when the pattern is this stretched. ───────────────────────────────── WHAT I'M WAITING FOR ───────────────────────────────── Inside day or two small pullback days Pattern tightens up right under that $131 level 9 EMA catches up to price Volume dries up during the consolidation That's the setup. When the 9 EMA is close and the pattern is tight, a breakout through $131 becomes a completely different trade than what's in front of us right now. Night and day in terms of risk/reward. ───────────────────────────────── TRADE PLAN ───────────────────────────────── Trigger: Breakout and hold above $131 on volume Entry: Breakout candle after tight consolidation Stop: Below the 9 EMA on the day of entry Pattern: Flat Top Breakout Watching. Not in yet. ───────────────────────────────── ABOUT ─────────────────────────────────