Jensen Out As Nvidia CEO: What The Charts Say Ahead Of Earnings

Nvidia Corporation faces turmoil after CEO Jensen Huang's resignation amid scandals, triggering a 33% stock drop and heightened volatility ahead of Q3 earnings. I reiterate a Buy rating for NVDA despite leadership uncertainty, citing NVDA's 14x NTM EPS multiple and robust top- and bottom-line growth forecasts through FY2028. Technical analysis highlights key support at $146–$153, with oversold momentum suggesting stabilization; resistance now forms at $164–$200 after recent declines.