Nvidia Corporation (NVDA) has recently shown significant movements in its stock price, surpassing the $900 mark for the first time since April 11, reflecting a 2% increase in a single day. The stock has successfully recaptured its 50-day moving average and is now targeting higher levels, with a specific focus on surpassing the $906 mark, a crucial resistance point, and aiming for a final upside target of $922. Analysts are closely monitoring Nvidia's performance as it approaches its upcoming earnings release in two weeks, amid expectations of positive outcomes influenced by advancements in AI technologies, including the anticipated launch of Chat GPT 5. The stock's movement has also influenced index prices due to its substantial market weighting. It recently closed just under the prior cycle high (PCH) at 891.