Guavaxf3006
08-04 08:09
$Marvell Technology(MRVL)$  

Caution. This market is super volatile and there are more and more voices warning of a bubble. 

I will be long in the longer termsl for MRVL. But this does not mean it goes on a straight up trajectory. 

But also, look at the mega picture. Valuations for the industry is at record FOMO territory. Any sign of trouble, never wrong to play safe and take money off the table. 

Please do not get into a FOMO mode yourself. Adopt a safe strategy less it becomes a trajedy.


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Comments

  • Guavaxf3006
    08-04 09:24
    Guavaxf3006
    Wow. Talk about volatile. At end of post-market trade, the past price was looking like MRLV has only got one way to go. To the MOON! And then Blueocean overnight trade started, and it's down down down. What triggered this ? I think it is how the Asian maarket, in particular KOSPI, started the day. Super scary at the moment.
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