Nvidia Shares Attempt Recovery After Huang Allegations

NVDA fell more than 7% in 24 hours and is trying to hold just above its SMA20 (176.3 vs 175.5); this level is critical as short-term support. RSI at 45 is in neutral territory and does not signal oversold conditions, while MACD sits above its signal line (in negative territory), pointing to a mild recovery tendency. The news headline carries vague optimism with the phrase 'recovery effort' but offers no concrete catalyst; the reaction may remain limited until the nature of the Huang claims becomes clear. As long as we remain below SMA50 (189.5), the medium-term outlook stays weak. For the next 1-3 days, a sideways-choppy session and an effort to hold above SMA20 are expected; a breakdown would increase downside risk.

MS shares rose 3.35% over the past 24 hours, closing above both the SMA20 and SMA50 levels. Although RSI14 at 63 is approaching overbought territory, it has not yet signaled weakness. The MACD line remaining above the signal line supports positive short-term momentum. While the Nvidia-related headline is not specific to MS, optimism toward the semiconductor and technology sector could provide indirect support to the stock. However, since the news has limited direct relevance to MS fundamentals, the impact is expected to remain moderate. A slight upward bias is possible in the 1-3 day outlook, but given the RSI level, caution is warranted against short-term profit-taking.