Amazon Increases Nvidia GPU Supply by Two Million; Stock Declines

The headline indicates that Amazon has increased its supply of Nvidia GPUs, yet the stock has declined. This may suggest that investors are concerned about rising costs or margin pressure. On the technical indicators, the RSI is approaching overbought territory at 64.5, and the MACD is positive but the signal line remains negative, indicating that short-term momentum could weaken. Although the price is above the SMA20 and SMA50, there is a possibility of a short-term pullback due to the negative impact of the news. Therefore, the direction is bearish, but a strong decline is not expected.

Amazon's increase in Nvidia GPU supply indicates continued strong demand for AI infrastructure, a positive signal for Nvidia. On the technical indicators, the RSI is in neutral territory (50.8), and the price is above the SMA20 and SMA50, supporting a short-term upward trend. Although the MACD is below the signal line, it remains in positive territory, suggesting momentum is being maintained. The 3.5% rise in the last 24 hours shows the news was positively received. However, the phrase 'stock declines' in the headline suggests the market may have already priced in the news, and profit-taking could occur in the short term; therefore, confidence is kept at a moderate level.

Although the news points to a decline in Amazon shares, since JST is a crypto asset, the direct impact may be limited. Technical indicators are weak: RSI is near the oversold zone at 34.6, MACD is negative, and the price is below both the SMA20 and SMA50. In the short term, momentum appears bearish, but as the asset approaches oversold conditions, bargain buying could emerge. Overall, the downtrend may continue, but a sharp drop is not expected.