NASDAQ:MRVL The Chip Designer Company is a must watch stock especially this week with the upcoming earnings report.
This is my strategy:
Using Bollinger Bands and Fibonacci Retracement, we see a consistent trade volume and slight increase in volatility as the price drops below the SMA and nears the lower band. The price is currently $76.68. We can expect...
MRVL Long Target 88 $
Weekly TF :
There is a deformed H&S pattern which may effect a little by making the price fall to the sloping green TL. Otherwise, it will take off from here to target 88$ as the double bottom at 63.27$ is firmly intact
Stop loss at 71$
If you haven`t sold MRVL Marvell Technology before the previous earnings:
Then analyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week,
I would consider purchasing the 72.5usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximately $8.30.
If these options...
Analyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week,
I would consider purchasing the 57.50usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $3.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Marvell is a leading semiconductor stock whose products are used heavily in artificial intelligence applications.
The stock surged 40% in two days following a good earnings report and shares have consolidated in a tight range ever since.
Shares tried to breach the low of the base on June 23, and we saw nice buying to support the price.
Volume remains low and...
Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer...
Marvell is a semiconductor company headquartered in Sunnyvale, California. It designs and manufacturers standard digital and mixed-signal integrated circuits solutions for various applications across multiple end markets. Marvell has been a steady performer in the semiconductor industry, with its stock price rising by almost 95% last year alone. It is also one of...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on May 27, 2022 with a closing price of...
Marvell Tech
Bull case : Wyckoff accumulation pattern with 78 resistance , expect some digestion there and then it's on Phase E where I see 90 and first price target in coming months (green arrow)
Bear case : rejected at 78 and "double top" , it's at least back down to test rounded base at 70 zone, break there and it's back to 60 support...
Today's flow was...
Break of triangle with bullish engulfing candle immediately preceded by inverted hammer.
Earnings Monday after close 6/7.
Calls above 49.21 with target price of 52.
**not financial advice
Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon.
Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a...
Get ready for Captain MRVL (Marvell Technology Group) to power your 5G future. With the launch of their OCTEON 5G infrastructure processors and already in production to deliver to the top 5G infrastructure providers globally, MRVL is set to fly.
Check out the breakout from the All-Time High (ATH) with volume. The BULLS are in on this one, are you?!
This is a...
Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions showed a breakout on a long term bullish trend technically. At a current price of $32.98 per share, if we assess whether it is undervalued stock with future growth, its current EV/EBITDA (TTM) is 56 with FWD EV/EBITDA at 28.71 which is tempting to buy with bullish...
