NVDA Daily — Inverse Head & Shoulders / Cup and Handle, Needs VoNVIDIA CorporationBATS:NVDADrEAscalperNVIDIA (NASDAQ: NVDA) — Daily Setup: Price is tracing out what reads as both an inverse head and shoulders and a cup and handle at the same time — the shape lines up for both. Either way you measure it, the depth points to a similar target: roughly 19-20% upside ($46.47) if price clears the ATH resistance at $236.54 and the pattern plays out. Supporting the structure: the rising SMA underneath (~$203.63) has been tracking higher lows the whole way through, which lines up with the shoulder/handle formation and adds to the bullish read. This resistance level has also already been tested twice now without breaking — the more it gets tagged and holds, the more significant a real break above it becomes. The catch: this only confirms on a breakout above $236.54, and it needs to come with real buying volume behind it. Right now that volume just isn't there — recent pushes toward the level haven't shown the kind of participation you'd want to see on a genuine breakout. Invalidation: a break back below the shoulder/handle low, or below the rising SMA (~$203.63), would put this setup at risk and suggest the structure is failing rather than basing. So for now this is a bullish structure to watch, not yet a trigger. I want to see NVDA clear $236.54 on strong volume before treating this as confirmed — a breakout without volume is more likely to fail and roll back into the pattern. NFA.