Marvell Technology maintains upside potential after correction

The stock is forming a bullish structure following a strong upward impulse and a current pullback into a demand zone. Price is holding key levels and remains above long term trend support, indicating continued buyer control.

The trading plan is to consider long positions in the 145-140 zone with additional accumulation near 125. Upside targets are located around 170 and 190.

From a technical perspective, the asset is forming a higher low after the impulse, confirming trend continuation. Price remains above moving averages, while the current pullback appears to be a healthy correction before the next upward move.

Fundamentally, the company benefits from strong demand in artificial intelligence and data center solutions. Increasing investments in AI infrastructure and cloud technologies continue to support revenue growth expectations. This creates a favorable environment for further upside.

As long as the current structure holds, the bullish scenario remains the priority.