NVDA Swept Its April Floor And Reclaimed It In One SessionNVIDIA CorporationNASDAQ:NVDAvirDeStateraNVDA Swept Its April Floor And Reclaimed It In One Session NVDA broke below 191.23 - the level that has floored every pullback since April - touched 189.80, then bought straight back above it and is pressing toward 197.6 pre-market. The snapback looks like strength, but the selling pressure that has defined this stock for weeks has not eased. The same bearish read that drove price down here is still the dominant one, unchanged through the bounce, and it has not shown a single crack. A reclaim after a stop run can mark a bottom, or it can be the setup for the next leg lower. Until 199.89 is back overhead and held, the sellers still own this. Resistance: 198.47-199.01 - the shelf right above price Key resistance: 199.89 - the broken thesis line, now overhead and unreclaimed Current price: 197.6 Support: 191.23 - the April floor, swept and reclaimed this session Key support: 189.80 - today's stop-run low Structural floor: open air toward 184 below the wick Two paths from here: The bounce fails at the shelf. A rejection in the 198.47-199.89 band keeps the Hourly bear print clean at CQI 82 with no anti-signal, which means the system is still fully behind its own call. Vol Elev is pinned at the 3rd percentile - this move has no volume under it, just price covering ground on thin participation. That points back at 191.23 and the 189.80 wick, then open air toward 184. The sweep was the bottom. A clean reclaim of 199.89 and hold would be the first real challenge the bear print has faced in four sessions, and a sweep-and-reclaim of a multi-month floor is a textbook failed breakdown. This needs the Hourly conviction to roll off 82 and Vol Elev to climb off the floor on real buying. Without that, a poke above 199 is range, not a break, and the shelf caps it. The Hourly bear read has held above CQI 82 for four straight sessions, the longest sustained high-conviction print on any instrument this cycle, and it carried through a floor sweep without flinching. Either 199.89 breaks it today, or the bounce dies at the shelf and the print runs to 184. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.