Nvidia CEO Jensen Huang Joins Trump's China Visit Delegation
📊 NVDA — Piyasa Yorumu
▲ up · 60%The news that Nvidia's CEO is part of Trump's delegation to China creates a positive perception that the company's geopolitical risks could decrease and its access to the Chinese market could improve. Technical indicators also support this optimism: the RSI at 64 is not approaching overbought territory, the MACD is above its signal line, and the price is trading above both the 20-day and 50-day moving averages. The 3.8% rise in the last 24 hours indicates strong momentum. However, there is a risk that the rally may be limited as it remains uncertain whether the visit will result in a concrete agreement. In the short term, the upward movement is expected to continue, but excessive optimism should be avoided.