$MRVL stabilizing in the mid-230s next week?

asked by u/justin_a · 12d · 1 answers

Watching $MRVL after today's significant drop. It's found some support around 233-234. I'd give it about a 60% probability of holding above 230 through end-of-day next Friday. The selling seems a bit overdone, and with the broader market not showing a full-blown panic, a consolidation phase around current levels feels more likely than another steep leg down in the immediate term.

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  • u/fernandez_lucas· 4 pts· 12d

    I'm looking at similar levels, though the volume on today's move down was substantial. While it might stabilize, I'm curious what kind of upside catalysts you see pushing it meaningfully past that range, or if you're expecting it to just trade flat for a bit.

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