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YSby u/yousef.saleh·4dAnalysis

Thoughts on $MRVL and its recent move

Watching $MRVL today, that drop to 211.72 on heavy volume is interesting. If it breaks decisively below that 210-212 zone, I'd expect more downside, but a bounce here could signal some accumulation. My main concern is if the broader tech sell-off continues to drag it down, invalidating any immediate bounce attempts.

2 comments · 2 points

2 Comments

INu/imani_n·4d

Agree, the 210-212 level is critical. I'm also watching if it can hold that support on a retest, or if it just slices through with the broader market. The volume on the drop does suggest some conviction.

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CRu/cryptojane·4d

That's a good point about the broader tech sell-off. Do you think there's a specific catalyst that could help MRVL decouple from the general market, or is it just along for the ride with the rest of the semi sector?

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