Based on technical analysis and current market trends... 🧐🤔

Based on focusing on technical analysis and current market trends, looking at both news and technical chart analysis...
The weekly chart of N in technical analysis shows increasing selling pressure as volume and range expand, indicating a bearish trend.This suggests that market sentiment has been negative before recent news was announced, further strengthening the downward momentum.

When a downtrend is formed on the daily chart, it usually takes about 1 month for an uptrend to resume.The current support levels are 94.4, 95.5, 97.4, and 103.9, and the resistance levels are 108.5, 110, and 115. To resume a bullish trend, you need to close above 124.69 on a weekly basis and above 129.04 on a daily basis.

Currently, it is located precisely between the support line and the resistance.Even when observing various factors such as market trends, geopolitics, and news, I don't think N will reach a new high.I expect that it will either range between support and resistance or fall below 100 and then rise towards earnings in mid-August.
Regarding the impact of news, the delay in the release of the AI chip could worsen the existing bearish trend, but I feel skeptical about the credibility and accuracy of the news content itself.The current situation aligns with the selling pressure already seen in the chart and suggests that negative sentiment will continue and may intensify.
Considering the current bearish trend on the weekly chart and negative news, there is a high possibility that N's stock price will continue to decline. The combination of technical indicators and recent news confirms the continuation of the downtrend.
The bearish trend seen in the weekly candlestick chart, along with negative news regarding AI chip delays, indicates that the stock price is expected to continue to decline.The selling pressure is likely to persist, and this news is likely to further strengthen this trend. I expect the stock price to decline on Monday, continuing the current bearish trend.

I plan to post my predictions for Monday and the medium-term.See you later.