MRVL has turned into a loser stock!

PSG2010
2023-05-25

Marvel reports earnings as well. After making a series of lower highs and lower lows we have seen some consolidation within the rectangle indicated and we failed to make lower lows. Analysts have a strong sell recommendation on Marvel. Bulls have pumped this last week and tested the top of this rectangle at 47.33 and rejected it so far. If the earnings are bad We should be dumping to 36.9 in the coming weeks and possibly make lower lows from there. I have my alert set on both these areas to go short or long. Siding with the bears for now. $Marvell Technology(MRVL)$

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