Invest in NVIDIA stock up to $230

Over the past few days, NVIDIA shares have bounced back from $200 to $208. This is a telltale sign that fundamental demand for the company is alive and well as it keeps pushing deeper into the tech sector's most fertile ground. 

However, the flip side is getting harder to ignore. This week, the digital giant hit the debt market with a sizeable bond offering—a move that sent a clear message to Wall Street: even the reigning champions of the AI gold rush need to raise serious cash to fuel their growth machine. On top of that, Washington is cracking down on exports of artificial intelligence chips to Chinese firms and their offshore entities, thus throwing a wrench into sales potential and casting a shadow over future earnings. With NVIDIA's sky-high market cap, its stock has turned into a sensitive barometer for rising Treasury yields and a gauge of whether Big Tech is scaling back its AI ambitions.

Now, let's turn to the charts. From a technical perspective, corporate shares are still riding the long-term uptrend, though after a blistering run in recent months, they have entered a flat trend. The key level to watch is the nearest support zone, which sits in the $195–$200 range—the same area from which the stock has just bounced—signaling that bulls are circling and the next move could be higher. Adding to the upbeat picture, the Relative Strength Index (RSI) is currently holding above the 50 mark, a clear indication that buyers are still calling the shots and the upward bias remains very much intact. 

The ultimate recommendation is to buy NVIDIA shares at the current price, targeting $230 within a couple of weeks. To protect against downside risk, place a Stop Loss order slightly below the support level, i.e., at $200.