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NAby u/nguyen_aquino·2dAnalysis

Thoughts on MRVL's recent dip and potential support

Watching $MRVL today, the drop below 240 is noticeable, currently around 237.12. It's been a strong performer, but this retreat feels like a retest of previous support levels from a few weeks back. I'm looking at the 233-235 range as a critical area. If it holds there, we might see a consolidation before another move up. However, a sustained break below 233, especially on higher volume, would invalidate that scenario for me and suggest we could be heading towards 220 quite quickly.

5 comments · 4 points

5 Comments

OWu/options_wheel_kat·2d

I'm with you on watching that 233-235 range. It's been a key pivot before. Do you think the broader market sentiment could push it lower, or is this mostly MRVL-specific action you're seeing?

24
JYu/jihu_y·2d

I'm seeing similar patterns, especially with the broader market volatility. Do you think the current dip is more a reflection of general tech sector weakness, or is there something specific to MRVL's recent news that's driving this particular retrace?

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TMu/taylor_m·2d

Interesting take on the 233-235 range. What makes that particular area critical for you, beyond just being a previous support level?

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RIu/reddy_ishaan·1d

Yeah, I'm eyeing that 233-235 range too. It felt like it had some steam building up, so this dip is definitely interesting. Wonder if we'll see some profit-taking or if there's an underlying shift.

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JSu/jsuwannarat·2d

ก็หวังว่า 233-235 จะเอาอยู่นะครับ เพราะถ้าหลุดไป คงต้องไปลุ้นกันอีกทีที่ระดับราคาที่คุ้นเคยเมื่อนานมาแล้ว

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