$NVIDIA(NVDA.US) On July 29, $NVIDIA(NVDA.US) clos

$NVIDIA(NVDA.US)

On July 29, $NVIDIA(NVDA.US) closed at $190.01 and Williams %R (14) printed −100.00.

-100.00!!!!!!!!!!!!

That is not merely “oversold” — under the Williams %R calculation, −100 means price closed at the very bottom of its 14-period range.

$NVIDIA(NVDA.US): −100 → Momentum Reversal

July 29

Close: $190.01

Williams %R: −100

Extreme downside momentum / capitulation

Price testing the lower Bollinger Band

Now

NVDA: approximately $222

Price has reclaimed the 8 EMA, 21 EMA, 50 MA and 100 MA

Upper Bollinger Band has been broken

Williams %R has ripped from −100 toward the opposite extreme

Previous momentum dashboard showed −9.31

MACD has turned bullish

RSI moved to 61.6

Money flow remains positive

That is a full momentum regime reversal.

The important lesson

Williams %R at −100 wasn't the buy signal by itself.

The signal became powerful because it occurred alongside:

Washout → support → moving-average reclaim → momentum reversal → breakout.

And look at what happened afterward:

$190 → $222+ in roughly a week.

That's about a 17% underlying move.

What I see now

Williams %R moving from −100 to near −10 shouldn't automatically be interpreted as:

“Overbought = SELL.”

In a strong momentum reversal, an overbought Williams %R can instead indicate that buyers have seized control of the tape.

The next confirmation is whether NVDA can stay pinned in the upper portion of its 14-day range while holding roughly $218–$212.

That July 29 −100 print may end up being one of the cleanest momentum-reset signals of this entire $NVIDIA(NVDA.US) move.

CAPITULATION: −100 → RECLAIM → BREAKOUT → MOMENTUM EXPANSION.