Period: 29.04.2026 Expectation: 1000 pips

Buying NVIDIA stock up to $210

Today at 10:37 AM 7
Buying NVIDIA stock up to $210

NVIDIA shares are currently knocking on the door of $200, barely 5% shy of their all‑time high. And this is no small feat given the turbulent backdrop: escalating tensions in the Middle East, an effective stranglehold on the Strait of Hormuz, and energy prices being on the boil. Yet, amid all the chaos, the chip giant has stood its ground—a testament to its underlying strength.


So what's shielding the company from the storm? The answer is straightforward: unrelenting demand for all artificial intelligence things coming out. Microsoft, Google, and Amazon aren't just dipping their toes into AI; they are diving headfirst, pouring hundreds of billions of dollars into infrastructure and next‑generation computing power. This flood of capital goes straight into NVIDIA's coffers, fueling some of the most impressive growth in the technology sector. The next reality check is expected on May 20, when the company drops its earnings report for the first quarter (Q1) of 2026. Another beat could send the stock into orbit. 


From a purely technical perspective, the stars seem to be aligned for bulls. The Relative Strength Index (RSI) has eased from dangerously overbought territory and is now sitting at a more comfortable 75 level—still elevated, but no longer flashing panic. Meanwhile, the MACD Indicator remains firmly in the green zone, suggesting that underlying momentum has not yet run its course. The next logical upside target stands at $210, a threshold that marks the giant's all‑time peak. With momentum like this, such a summit might be closer than it looks.


The final recommendation is to buy NVIDIA shares, targeting $210 within one to two weeks. As a safety net, place a Stop Loss order just below the $194 support. That way, if stocks take a turn for the worse, the position will be protected.

This content is for informational purposes only and is not intended to be investing advice.

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