RabBird
10-06

πŸš€πŸš€$MRVL 20251121 90.0 CALL$ πŸš€πŸš€

The 2 previous posts we shared on MRVL have played out exactly as anticipated β€” from the breakout above $86.5 to the strong surge past $90. Today, the stock has tested support and is holding firm, setting the stage for the next leg higher.

With buyers defending key levels and momentum still strong, MRVL looks poised to continue its upside run. Traders and investors should keep an eye on $88.5–89 as support and $91+ as the next target zone.

πŸ‚ Bull Case

β€’ Momentum continuation: MRVL cleared $90~ intraday, showing strong buyer conviction.


🐻 Bear Case

Momentum drops: MRVL drops to $85 range~ with panic selling. 


MRVL is in a strong breakout regime, but near-term profit-taking and options expiry could create volatility. As long as support holds, the next leg toward $91+ is likely, with stretch targets toward $95 if momentum continues.

Momentum is alive β€” MRVL at the spectacle. 

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Maurice Bertie
    10-07
    Maurice Bertie
    MRVL’s between $88.5 support & $91 target,waiting for clear momentum before jumping in!
  • Athena Spenser
    10-07
    Athena Spenser
    MRVL hit $90 intraday! 88.5-89 support holds,this 90 CALL’s next stop is $91+, maybe $95!
  • Mortimer Arthur
    10-08
    Mortimer Arthur
    I plan to trim some shares if it breaks $100 before the end of the year and take some profits.

  • Valerie Archibald
    10-08
    Valerie Archibald
    MM wants to shake out more before it go above 90 . I am not selling till next year

Leave a comment
4
3