myceliium

MRVL: Incoming Sell Off

Short
NASDAQ:MRVL   Marvell Technology, Inc.
It's possible that MRVL is reaching the completion of its third wave after a multi year run where prices continue to increase with reason. After earnings the price shut up to the Fibonacci resistance level that would typically correspond with profit taking - that coupled market wide reflection on valuations may lead to a steady sell off over the next few months before MRVL will continue the final leg of its bull run

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