$Marvell Technology(MRVL)$ Not

$Marvell Technology(MRVL)$ Not done yet. After pulling back from the June high of $330, the stock held the 50% Fibonacci retracement level at $203 in early August, a key test that passed. It has been climbing back steadily since, now trading just above the 38.2% level at $233. Stochastics just crossed out of oversold territory, a momentum signal on a name that already has a proven uptrend structure. The EMA(200) is still rising and well below current price, confirming the longer-term trend is intact. Levels to watch from here: $330 is the prior high and the obvious first target. If it clears that, the Fibonacci extension puts $400 on the table. Room to run.

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":605951036723344,"tweetId":"605951036723344","gmtCreate":1788964455000,"gmtModify":1789004096506,"author":{"id":9000000000000163,"idStr":"9000000000000163","authorId":9000000000000163,"authorIdStr":"9000000000000163","name":"BillyWilliams","avatar":"https://static.tigerbbs.com/f0d9064517bcefca15dc55450b4b9bf7","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":156,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/2777cfe530db48cbae53430d7d29c13e","width":"1709","height":"1052"},{"img":"https://community-static.tradeup.com/news/f6b2a34977774ed88102013abedb903c","width":"1709","height":"1198"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/2777cfe530db48cbae53430d7d29c13e","width":"1709","height":"1052"}],"title":"","html":"<html><head></head><body><a href=\"https://ttm.financial/S/MRVL\">$Marvell Technology(MRVL)$&nbsp;</a>Not done yet. After pulling back from the June high of $330, the stock held the 50% Fibonacci retracement level at $203 in early August, a key test that passed. It has been climbing back steadily since, now trading just above the 38.2% level at $233. Stochastics just crossed out of oversold territory, a momentum signal on a name that already has a proven uptrend structure. The EMA(200) is still rising and well below current price, confirming the longer-term trend is intact. Levels to watch from here: $330 is the prior high and the obvious first target. If it clears that, the Fibonacci extension puts $400 on the table. Room to run.\n<img src=\"https://community-static.tradeup.com/news/2777cfe530db48cbae53430d7d29c13e\" tg-width=\"1709\" tg-height=\"1052\">\n<img src=\"https://community-static.tradeup.com/news/f6b2a34977774ed88102013abedb903c\" tg-width=\"1709\" tg-height=\"1198\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/MRVL\">$Marvell Technology(MRVL)$&nbsp;</a>Not done yet. After pulling back from the June high of $330, the stock held the 50% Fibonacci retracement level at $203 in early August, a key test that passed. It has been climbing back steadily since, now trading just above the 38.2% level at $233. Stochastics just crossed out of oversold territory, a momentum signal on a name that already has a proven uptrend structure. The EMA(200) is still rising and well below current price, confirming the longer-term trend is intact. Levels to watch from here: $330 is the prior high and the obvious first target. If it clears that, the Fibonacci extension puts $400 on the table. Room to run.\n<img src=\"https://community-static.tradeup.com/news/2777cfe530db48cbae53430d7d29c13e\" tg-width=\"1709\" tg-height=\"1052\">\n<img src=\"https://community-static.tradeup.com/news/f6b2a34977774ed88102013abedb903c\" tg-width=\"1709\" tg-height=\"1198\"></body></html>","text":"$Marvell Technology(MRVL)$ Not done yet. After pulling back from the June high of $330, the stock held the 50% Fibonacci retracement level at $203 in early August, a key test that passed. It has been climbing back steadily since, now trading just above the 38.2% level at $233. Stochastics just crossed out of oversold territory, a momentum signal on a name that already has a proven uptrend structure. The EMA(200) is still rising and well below current price, confirming the longer-term trend is intact. Levels to watch from here: $330 is the prior high and the obvious first target. If it clears that, the Fibonacci extension puts $400 on the table. Room to run.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/605951036723344","repostId":0,"isVote":1,"tweetType":1,"viewCount":104,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MRVL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":552,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/605951036723344"}