Nvidia CEO Jensen Huang Resigns, Shares Drop 10%
📊 NVDA — Piyasa Yorumu
▼ down · 75%The news reports that Nvidia CEO Jensen Huang has resigned and that shares have fallen 10%; such a leadership change creates short-term uncertainty and could increase selling pressure. Technical indicators are already weak: the price has dropped 7.2% in 24 hours, the RSI at 41 indicates weak momentum, and the MACD is negative below its signal line. While the price is trading near the SMA20, it is clearly below the SMA50, confirming that the short-term trend is downward. Although the accuracy of the news has not been confirmed, the market reaction could be severe; downward pressure may continue over the next 1-3 days. Nevertheless, with oversold conditions approaching, short-term rebound buying may emerge, so I anticipate a cautious downward bias rather than a definitive decline.