NVDA Exhaustion Risk Builds Into 192 BreakNVIDIA CorporationBATS:NVDAMartinChouTradeStructure / Read: The late March rally lacked meaningful pullbacks or consolidation, suggesting buyers were largely chasing price at increasing risk. Moves like this tend to exhaust over time, as fewer participants are willing to step in at higher levels. Without proper resets, the rally becomes fragile and prone to stalling. Context: Broad market is recovering, but not yet in a position for a full bullish expansion. Current conditions favor rotation rather than sustained trend. This type of environment is typically used to build positioning before the next larger move. Expectation: Near term, I expect rotation and consolidation to develop. This would be a healthier setup for any sustained rally toward ATH. If price overshoots base on last Friday’s behavior then chasing becomes higher risk. Waiting for a pullback or reset would offer better positioning.