FeesSafety
Pluang+

Nvidia drops over 25%, testing key support at $165 with risk of further decline to $140.

Technical Signals
12 Nov 2026, 18:00 WIB
Seeking Alpha
View Source
Bearish
Nvidia drops over 25%, testing key support at $165 with risk of further decline to $140.

Nvidia's stock has fallen more than 25% and is now approaching a critical support level near $165. If this support breaks, the stock could drop further toward $140. Nvidia's performance heavily influences the S&P 500 due to its large index weighting, so a sustained decline could negatively impact the broader market, especially if tech stocks underperform. Technical indicators suggest Nvidia may be oversold, indicating a potential bounce or sideways movement, but risks remain high for further downside.

Nvidia's stock on Pluang is trading at USD 166.86 as of Nov 12, 2026 23:12 WIB, just above its 52-week low of USD 165.17 and well below its 52-week high of USD 239.27. Despite a 3.95% drop in one day, buyers still dominate with 69% of order activity. This contrast highlights Nvidia's current vulnerability compared to its recent peak, underscoring the technical concerns raised in the news.

More News (NVDA)

Nvidia CEO ousted over affair with alleged Chinese spy, raising national security and company risks

Nvidia CEO ousted over affair with alleged Chinese spy, raising national security and company risks

Nvidia CEO Jensen Huang was ousted after admitting to an affair with a woman suspected by the U.S. government of being a Chinese spy and linked to a company smuggling Nvidia chips to China. This scandal raises serious national security concerns and d...

Market News
Bearish
5 hours ago
Nvidia CEO Jensen Huang resigns after affair with a woman linked to Chinese espionage.

Nvidia CEO Jensen Huang resigns after affair with a woman linked to Chinese espionage.

Jensen Huang, Nvidia's CEO for 33 years and one of America's wealthiest individuals, resigned following revelations of his affair with a woman identified as a Chinese spy and another affair with an Nvidia executive. Huang and his wife co-founded a $9...

Market News
Bearish
5 hours ago
Trump suggests Tim Cook as Nvidia CEO after Jensen Huang's resignation

Trump suggests Tim Cook as Nvidia CEO after Jensen Huang's resignation

Following Nvidia CEO Jensen Huang's resignation, former U.S. President Donald Trump proposed Tim Cook, Apple's Executive Chairman and former CEO, as a potential successor. Cook, who led Apple for 15 years before stepping down in September 2026, is pr...

Market News
Neutral
5 hours ago
Nvidia CFO Colette Kress named interim CEO after Jensen Huang resigns amid scandal

Nvidia CFO Colette Kress named interim CEO after Jensen Huang resigns amid scandal

Nvidia's CFO Colette Kress has been appointed interim CEO following Jensen Huang's resignation due to a scandal involving an alleged affair with a Chinese spy. Kress will maintain her roles as CFO and executive vice president while the company search...

Market News
Neutral
6 hours ago
Nvidia CEO Jensen Huang resigns amid scandal; CFO Colette Kress named interim CEO.

Nvidia CEO Jensen Huang resigns amid scandal; CFO Colette Kress named interim CEO.

Nvidia's co-founder and CEO Jensen Huang has resigned immediately following reports of affairs with an alleged Chinese spy and a direct report. The company appointed CFO Colette Kress as interim CEO while searching for a permanent successor. Kress, w...

Market News
Bearish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App