NVDA's April Low Held Through the Weekend. The Bear Print Is...

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NVDA's April Low Held Through the Weekend. The Bear Print Is...NVIDIA CorporationNASDAQ:NVDAvirDeStateraNVDA's April Low Held Through the Weekend. The Bear Print Is Still Carrying CQI 82+ Conviction. Friday's evening update flagged that the April low at 191.23 held exactly. Through the weekend it held again - low of 191.22, a single tick below the level the cheat sheet has identified as the structural floor for this entire cycle. Price is at 194.50 now, recovering into the thin zone between 191.23 and 196.45. The Hourly's bear print is now 69 bars old at CQI 82.17, still holding within a point of where it was Friday morning, still within two points of its cycle peak conviction. The Daily echoes it: 63-bar bear print at CQI 60.98, LOW SHORT thesis with FORMING signal still loaded, Q4 SHORT direction. Both timeframes still aligned, both still loaded against price. Resistance: 199.01-199.89 - the broken thesis line, now resistance from below Key resistance: 202.20-202.44 - last week's floor zone Current price: 194.50 Support: 191.22-191.23 - the April low, tested twice now Key support: 189.66-185.74 - structural shelves below the April low Below that: 180.42 - deeper structural zone Two paths from here: The double-tested floor becomes the launch: a third test of 191.23 fails to produce a new low, the bear print finally starts decaying, price builds back toward 199.89 and reclaims the broken thesis line. The April low held twice for a reason. The third test breaks it: price loses 191.22 on follow-through, the Hourly's near-peak conviction finally gets confirmed, structure thins significantly into 189.66-185.74. Two days of holding a level usually resolves either into a real bounce or a sharp break, and the conviction backing the break case has held steady through both tests. The Hourly's CQI has now held above 80 for four straight sessions. That's the longest sustained high-conviction read on any instrument in this posting series. The system has been pointing at this level continuously and the level has held. Whichever direction resolves it will be the most validated move of the cycle. --- Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.