NVDA 2X Short ETF

$NVIDIA(NVDA.US)

🚨 NVIDIA At A Critical Juncture: Will US$165‑US$170 Support Hold? 🚨

NVIDIA is currently sitting at a key crossroads, squeezed between headline‑driven selling and rock‑solid business fundamentals. It has fallen to US$176.35 in pre‑market trade.

The pre‑market dip stems from news involving CEO Jensen Huang. A personal matter has escalated, bringing concerns over potential Alibaba and China links and triggering an independent board investigation.

Huang remains CEO, with no confirmed security breaches, yet leadership uncertainty is fuelling the sell‑off.

🔷Technical snapshots :

Price is fast approaching the major March‑April 2026 historical support zone of US$165‑US$170. The RSI is oversold at 38.62 and drifting toward 30.76, a level that may draw bargain hunters and spark a rebound.

🔷Fundamentals Snapshots:

NVIDIA’s core business is still in tact. Its Q3 earnings are due 17 November, with forecasts pointing to roughly US$108 billion in revenue, backed by relentless global AI demand.

The 15%+ pullback from October’s peak presents a tempting discounted entry for long‑term investors.

Will NVIDIA’s AI powerhouse overcome the leadership noise or will prices drift lower first?

Are you buying the dip or waiting on the sidelines? Let’s discuss☺️👇.

⚠️ Disclaimer: For discussion only, not financial and investment advice. Do your own due diligence.

$NVIDIA(NVDA.US)

Context: The weekend changed what traders face on Monday. Nvidia’s board opened an independent inquiry into reports that a foreign intelligence effort targeted CEO Jensen Huang. Shares traded around $180.30 outside regular hours, according to Reuters, bringing $177.92 support into play.

Independent directors will oversee the inquiry with outside counsel. In its November 8 statement, the board backed Huang and his leadership team, said he would cooperate and said it had no reason to believe the matter had compromised national security or Nvidia’s secrets. Those are the board’s initial assessments. The investigation is still open. The commercial question is whether customers change deployment plans. South Korea said it expected contracted GPU supplies to proceed, Reuters reported. That is an early indication from one market. A customer postponing a delivery or a change in who runs Nvidia would carry more weight for earnings view than the overnight price move alone.

My Trade: Staying put for now, no need to rush in, but if it breaks the support line and goes further down to $160, I will be tempted.

Takeaway: It is not the first time a key personnel's scandal has dragged a stock's price down. Key here is that Jensen remains on board - he is the face of Nvidia. Putting ethics and morals aside, investors would want to see Jensen stay on board, at least till Nvidia can find a suitable successor who can instill the same confidence. @Captain's Treasure