3/27/22 MRVLMarvell Technology, Inc. ( NASDAQ:MRVL )
Sector: Electronic Technology (Semiconductors)
Market Capitalization: $63.051B
Current Price: $74.37
Breakout Price: $75.15
Buy Zone (Top/Bottom Range): $71.80-$65.10
Price Target: $79.80-$80.80 (1st), $86.20-$88.00 (2nd)
Estimated Duration to Target: 30-32d (1st), 58-62d (2nd)
Contract of Interest: $MRVL 4/14/22 75c, $MRVL 5/20/22 80c,
Trade price as of publish date: $2.80/contract, $3.05/contract
MRVL trade ideas
Earnings watch 3/3 post-marketEarnings watch 3/3 post-market:
MRVL
COST
AVGO
GPS
SWBI
ESTC
EGLE
AGL
DUOL
AQN
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
3TV - 3x volume test
www.tradingview.com
MRVL if it holds, then it is a good opportunity to add hereNeed to hold 200 EMA here. Should get back into trend channel and that will happen if CMF turns positive (i.e. smart money starts to put their cash to work here). In May it bounced and CMF turned positive at the same time. If that happens then it can get back into the channel.
Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.
Weekly Watchlist 2/7 - 2/11Check out what stocks we are looking to trade this week!
NASDAQ:LULU
Looking to take a breakout over the $355 level
Targets: $360, $365, $370
NYSE:TGT
Looking for a break of this wedge pattern and a move over $223
Targets: $224, $225, $226, $228
Keep in mind I will not be taking these trades if AMEX:SPY is still range bound between $453 & $444
$MRVL Analysis, Key levels & targets $MRVL Analysis, Key levels & targets
Here’s another one on my radar… looking for 61.90
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
$MRVL Target 1 - 77.90$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 advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
MRVL - Marvell TechnologyMRVL 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.
MRVL: a stock to hold.So i was looking to buy some semiconductors stocks and MRVL stood out to me from a purely TA aspect. It gapped to new highs after Earnings and then we can see a nice range in which money is flowing in.
Also the uptrend has been quite strong throughout all of 2021. I bought some shares on the 31st.
$MRVL - Exhaustion gapMarvell just had exhaustion gap and its about to fill it.
The stock could see further down side to $66 area after the gap fill.
Target 1 - $72
Target 2 - $66
Risk - Reverse from $80
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
MRVL: Incoming Sell OffIt's possible that MRVL is reaching the completion of its third wave after a multi year run where prices continue to increase with reason. After earnings the price shut up to the Fibonacci resistance level that would typically correspond with profit taking - that coupled market wide reflection on valuations may lead to a steady sell off over the next few months before MRVL will continue the final leg of its bull run
Marvellous Marvell Technology hitting a new high !We saw a rounded top recently , signalling bulls are getting tired and may lack strength to push it higher .It needs a rest , to come downhill and graze and drink water before charging uphill again.
It may goes sideway around the 69.17 level for a while before we see another rebound.
Or the uphill march since March 2020 was taking a toll on the bull's legs , it might decide to take a longer break and rest even longer. Then, we would see it breaks down the bullish trend line temporarily to revisit 63.98 support level, forming an even bigger rounded top.
Read latest news here
MRVL Reaching new all time highsMRVL is at a new all time high following this massive trend from it's COVID DIP having only two small false breaks past the trend line in yellow and as you can see it's recently broken past a new resistance line however if we focus on the indicators to track out new potential it shows both on the RSI and Stochastic that we are nearing a selling period if we pair that with the candle's we can see that the buyers are running out of steam as the green candles are getting smaller and smaller as we near the top potentially giving us a sign that a put option would be in order to ride down to find a new floor before we make our way back up.
MRVL Update, MRVL goes higer but how far?MRVL made a new ATH today. It certainly goes higher but how far? We need to wait for the pattern to form in order to make a precise analysis.
Since some followers and readers just pay attention to the title of an idea and do not follow the updates ,I decided to publish this idea to emphasize that the market showed the condition which made my previous idea invalid. I had written this condition in my previous idea chart. I kindly ask you to follow the updates of my ideas as well.
I do not like anyone to loose anything based on my publications so I am dedicated to update my ideas and inform my followers when a trade does not go well and market chooses another path in contrary to our predictions.
I stopped out from my trade with small profit and immediately informed my followers.
Wish you huge profit and small loss in your trades.