The stock is still working on that earnings-high breakout, and the price action has been clean so far.
CXL-linked names like $Penguin Solutions, Inc.(PENG)$ , $Astera Labs, Inc.(ALAB)$ , $Credo Technology Group Holding Ltd(CRDO)$ , and $Marvell Technology(MRVL)$ continue to get attention within the memory trade. I'm not chasing every green candle, but this group does have real momentum.
If $Penguin Solutions, Inc.(PENG)$ can hold the breakout zone, it would keep the bulls in control. Nothing fancy here—just letting the setup prove itself.
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