Asian Stocks Fragile, Nvidia Plunges Sharply: Board to Decide CEO's Future
📊 NVDA — Piyasa Yorumu
▼ down · 55%NVDA closed near its SMA20 (173.5) after a sharp 7.2% decline over 24 hours and remains clearly below its SMA50 (187); the short-term trend is weak. RSI at 41 is in neutral-to-weak territory, and MACD is negative below its signal line; momentum is to the downside. The report's phrase that the 'board of directors will decide the CEO's future' creates uncertainty and could raise the risk premium. Fragility in Asian equities is also weighing on risk appetite. Downward pressure is possible over the next 1-3 days, but confidence is limited because the news is unverified and headline-level.
📊 GOOGL — Piyasa Yorumu
■ neutral · 45%GOOGL's technical picture is moderately positive: the price is above the SMA20 and SMA50, RSI at 59 remains far from overbought territory, and MACD is above its signal line. However, the news headline points to fragility in Asian markets and a sharp decline in Nvidia; this could weigh on risk appetite in the technology sector and create short-term selling pressure on GOOGL. Uncertainty over the future of Nvidia's CEO on the company's board could generate volatility across the sector. Although technical indicators alone support the upside, macro/news-driven risks are offsetting. Therefore, in the 1-3 day outlook, the bias is neutral with a slight downside risk weighting.
📊 AMD — Piyasa Yorumu
▼ down · 55%AMD has recorded an extraordinary gain of about 24% over the past 24 hours, with its RSI at 66 approaching overbought territory; such sharp rallies increase the risk of short-term profit-taking. Nvidia's steep decline and its board's plan to discuss the CEO's future create uncertainty in the semiconductor sector and could weigh negatively on AMD as well. Although MACD remains in positive territory, it is trading close to its signal line, indicating the possibility of weakening momentum. While the price is above the SMA20 and SMA50, the news flow could dampen risk appetite across the sector. For this reason, I expect a slightly downward bias in the 1-3 day outlook, but I keep my confidence level at medium due to the strong trend.