Korean Chip Stocks Fall on AI and Memory Price Concerns
📊 GOOGL — Piyasa Yorumu
▼ down · 55%The decline in Korean chip stocks may exert pressure on general technology stocks in the short term. GOOGL is showing a slight bearish signal technically, as its price is below the 20-day SMA and the MACD signal. However, the company's strong position in AI and cloud may limit these negatives. A slight decline can be expected within 1-3 days, but a major turnaround is not anticipated.
📊 NVDA — Piyasa Yorumu
▼ down · 60%NVIDIA (NVDA) shares may be negatively affected by the decline in Korean chip stocks due to concerns over AI and memory prices. Although the RSI14 value is at a high level of 67.33, it has not yet reached the overbought zone. The positive divergence between the MACD and MACD signal lines is a positive signal for the stock, but concerns may pull the stock price down in the short term. Despite a 5.36% increase in the last 24 hours, a decline is expected in the short term.