$MRVI*For share traders only. Not meant for options.
Green: Entry Point
Blue: Start of Week
Red: End of Week
Thumbs Up: Trade Available for Week
$ Amount (Numbers Above): Price Targets
*I don’t believe in sharing strategies or outlooks due to the idea that it could cause someone confusion within. It’s important in trading to find your eyes and do things that match your scope of understanding. Over time, if the work is put in, you will create a strategy that in most cases aren’t full proof, but something you can lean on creating an edge for yourself. This strategy is based on a mix of volume analysis, Elliot Waves, retracements, and candlestick anomalies.
MRVI trade ideas
MRVI its about time...The stock broke through a resistance level, corrected as expected and went up nicely last Friday... Keep an eye on it.
Huge volume on breakout day.
published better than expected reports.
Buy - $7.5
First target - $11.3
Second target - $17
Not a recommendation of course...
Hi... the only way to trade the stock market... look at my signature below
Otherwise it won't work...
Keep in mind that I always update my analysis and stop losses but don't always post it NASDAQ:MRVI
WATCH $MRVIBullish
- Needs to clear downward trendline
- Formed double bottoms
- Building base
- Positive FCF
- Positive Income
- Funds accumulating
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“You don't have to be extreme just consistent”
Cheers and happy trading!
$MRVI IPO Base Breakout Watch List$MRVI is a fairly new IPO and looks like it is in it's first IPO basing process. The proper buy point would be a break out of the highest high with volume. I like early entries so I've set an alert a little lower as it surpasses the most recent high. If the market is good and it alerts me, I'll be looking for a logical entry where I can define my risk. $MRVI reported earning on May 10 of which I posted the results on the chart.
Ideas, not investing or trading advice.
$MRVI Cup with HandleLooks ready putting in a cup with handle base on the daily chart around the 50 MA. Another day or two with a pullback to $36-$35.75 area could complete the handle. Volume pattern looks strong and indicating a move possible next week.
Maravai Lifesciences ClA (MRVI)- PROVIDES PRODUCTS TO DEVELOP DRUG THERAPIES, DIAGNOSTICS, NOVEL VACCINES, AND SUPPORTS RESEARCH ON DISEASES.
$MRVILOOKING FOR THE STOCK TO CONTINUE TO CONSOLIDATE IN THE UPPER CHANNEL AND CONTINUE TO MAKE HIGHER LOWS GOING TOWARDS EARNINGS.
A GOOD NEWS CATALYST COULD SEND THE STOCK HIGHER TO BREAK OUT OF THE CHANNEL.
IF THE STOCK CONSOLIDATES INTO EARNINGS A GOOD TOP LINE REVENUE AND FORWARD LOOKING STATEMENTS MAY HELP TO BREAK THE CHANNEL.
THIS IS NOT FINANCIAL ADVICE AND IS PUBLISHED FOR MY RECORDS.