ππ$MRVL 20251121 90.0 CALL$ ππ
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 $88.5β89 as support and $91+ as the next target zone.
π Bull Case
β’ Momentum continuation: MRVL cleared $90~ intraday, showing strong buyer conviction.
π» 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.
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