NVIDIA Enters a Heavily Oversold Week Before Nov. 17 Earnings

NVIDIA Corporation (NASDAQ:NVDA) closed at 186.64, below the 204.58 moving average and prior 207–210 support zone, in BullBearInsights’ Nov. 9–13, 2026 outlook ahead of Nov. 17 earnings.

BullBearInsights said Monday may begin under headline pressure after NVIDIA announced a board investigation involving CEO Jensen Huang and possible foreign-intelligence targeting. China chip-import approvals also remain an overhang, according to the note.

“Nvidia said it currently has no reason to believe company secrets or national security were compromised,” BullBearInsights wrote. The analyst said positioning could begin this week ahead of Nov. 17 earnings, while Tuesday’s CPI and Friday’s PPI could add volatility.

What are the catalysts for Nov. 9–13?

BullBearInsights organizes the week around four developments:

• Headline risk: The board investigation and possible foreign-intelligence targeting could pressure shares at Monday’s open, in the analyst’s assessment.
• China: Chip-import approvals remain an overhang.
• Earnings: Positioning could build this week before the Nov. 17 report.
• Macro data: CPI arrives Tuesday and PPI arrives Friday, with both releases capable of adding volatility.

In short, BullBearInsights pairs Monday’s corporate headline risk with a full event calendar through Friday.

Where do support and resistance sit?

On the daily chart, BullBearInsights said NVIDIA broke below both the 204.58 moving average and the previous 207–210 support zone. RSI has fallen to 25.68, an oversold reading, but the note cautions that oversold does not automatically mean reversal.

The chart also marks:

• Immediate support: 180–178, followed by 175.
• First bullish hurdle: 189.50, which bulls need to reclaim.
• Larger recovery level: 204.58.

The one-hour chart remains bearish, with lower highs and lower lows. BullBearInsights said overnight price near 180.50 was testing the recent 178.29 low. Momentum is oversold, so a sharp relief bounce is possible, but the trend remains bearish below 194.90–195.

In plain terms, BullBearInsights sees a downtrend with rebound risk, not a confirmed bottom.

How expensive and volatile are options?

Monday’s 1DTE GEX data is negative, with HVL near 185. BullBearInsights says negative GEX can increase volatility and accelerate directional moves. IVR is very high at 81.7, which leaves options expensive.

The main put levels are 180 and 175. Call resistance is stacked at 187.50, 190, 192.50, 195 and 200. The GEX map applies to Monday and should be updated each day, BullBearInsights said.

For Monday’s options market, the source’s message is simple: positioning can move faster while volatility and reversal risk remain elevated.

What is BullBearInsights’ trading plan?

The plan has three branches:

• Call: Reclaim and hold above 185, confirmed by a 5-minute retest. Targets are 187.50, 190 and 192.50. A stronger recovery above 195 opens targets at 197.50 and 200.
• Put: Reject 185, or break below 180 and fail to reclaim it. Targets are 178.30 and 175.
• No trade: Stay out of the 180–185 area and wait for the 15-minute direction, because negative GEX and high IV can create fast reversals.

BullBearInsights would not chase puts immediately at the open because a short-covering bounce was possible. “The cleaner setup is to wait for a bounce into resistance or a confirmed break below 180,” the author said.

Taken as a whole, the setup remains bearish but heavily oversold, BullBearInsights said. Confirmation matters more than the RSI reading in the near term.

What matters into Nov. 17?

The immediate test arrives Monday: bulls must clear 185 for the call setup, while a break below 180 with a failed reclaim opens the put setup. The 15-minute wait period and daily GEX refresh are central to the source’s risk controls.

Beyond Monday, the note points to Nov. 17 earnings, China chip-import approvals, Tuesday CPI and Friday PPI. For positioning, BullBearInsights’ key message is that an oversold market can still fall, so confirmation above 185 or below 180 matters more than RSI alone.