$MRVL Target 1 - 77.90 No position at this time. But this is what I’m looking at… I’ll update as soon as I take a position —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial...
MRVL had a strong earnings gap back in early December, has consolidated and held onto the gains since. The company is showing strong earnings growth QoQ and YoY and is in a strong industry. Bought shares as the stock appears to be coming out of a volatility contraction period and may be beginning a post-earnings drift higher.
Consolidation is broken upwards with the minimum target level around 73.
WATCHING $MRVL for Entry at 53.66 Holy RSI divergence
MRVL hit the strong resistance zone today. Is it start of a large decline? Lets follow. It seems that MRVL has completed a 5 segment up going wave ( shown on the chart ) . This up going wave can be wave 5 of a larger cycle Elliott wave itself which if true , suggest a decline down to 38-33 USD zone corresponding to 0.5 and 0.618 Retracements of larger cycle...
Hello! Friends, -This would be a great Buy Opportunity, IF NASDAQ:MRVL breaks up the Daily Resistance line at $47.50 (with a WHOLE DAILY Candle) !!
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
While may suffer from a huge loss this week I find opportunities for my private followers to benefit from corrections! most of my followers close their positions with 100-200% gain in less than 24hrs! Those who have early access to my trading ideas have the chance to perform better. Don't you believe it? Check my recently private post: If you are interested to...
It seem that MRVL has completed its corrective wave B (at 0.786 retracement) and continues it's path down to its first support zone at 34 USD below the low of wave A. Conditions which confirm or invalidate this analysis has been shown on the chart. There are two support zone at 34 and 29 USD. These two price reversal zones (PRZ) have been formed by two different...
NASDAQ:MRVL ready to Gap Fill to $45.22 Lot of option activity today on April/16 48,50 & 55 calls. Calls are 3 days out so lot of time to be right on this. Volume coming in past 2 days after being oversold from the earnings run up. CCI trending up as well. Target 43.86,45.22,46.68 & 49.54 Find more U o A are MarketAction.Live
These are the tickers which have closed below their 200 EMA today.( definitely entered Bearish trend ) Please pay attention to increased volume during down trend and the very same day these tickers closed below an important level.
I love the patterns that repeats themselves many times. Marvel has a predictable pattern of Sharp move following by a micro consolidation and touching the 50 EMA which follows by another sharp move! Wait for breaking above for conformation..! Always do your own research before entering any trade and manage your risk This is just my technical view, neither a...
the road for neu ATH is opend
Here we go over our last video to see how out setups ended up and we go over what setups we like for this coming week! Happy trading!
See chart. Possible breakout after a further consolidation period between 20red and 50green ema. First target 55$. Stop loss if breaks 50ema.Earnings at the beginning of march, so we may see a run up 2 weeks before the date. This play is a pre-breakout, pre-pattern, basically I'm tryin to forecast the future here. LOL
MRVL Technology is a semi conductor company that has been lagging behind this week with other semis like NVDA having nice rallies. Great company with continued growth in the 5g and cloud computing segment. Looking at this for a potential swing with ER approaching early March. In a nice uptrend since the pandemic hit and currently in a 2-3 week downtrend channel to...