Investigation into Nvidia CEO Over Alleged Chinese Intelligence Links: Resignation Speculation and Stock Decline
📊 NVDA — Piyasa Yorumu
▼ down · 62%The news represents a serious governance risk and source of uncertainty for NVDA; a Chinese intelligence investigation into the CEO and the possibility of resignation could increase selling pressure in the short term. The price has already fallen more than 10% in 24 hours and the RSI at 36 is weak but close to oversold territory, which does not entirely rule out the possibility of rebound buying. MACD is negative and below the signal line, and the stock is trading below SMA20 and SMA50; the technical outlook is downward in the short term. However, I maintain confidence at a moderate level due to the unverified nature of the news and volatility after the sharp decline. Downward pressure and high volatility are expected within 1-3 days; if a clear resignation announcement comes, the decline could deepen.