$Marvell Technology(MRVL)$ The middle Bollinger Band (20-day SMA) is holding the line. We'll see how it performs next week. Market makers will likely keep it muted for now.
$Marvell Technology(MRVL)$ Nvidia's massive AI success is going to create a huge data traffic jam, and that makes Marvell's networking technology essential for keeping everything running smoothly. Tech giants have no choice but to use Marvell's specific chips to prevent their systems from crashing, so the current after-hours price of $254.33 looks like just the ground floor before big investors rush in. Operating as a mandatory toll booth for all this new AI traffic, I expect Marvell's stock to shoot past the $285 to $300 mark after their earnings report.
$NVIDIA(NVDA)$ Glad I was able to add more recently. Patience paid off. $Marvell Technology(MRVL)$ earnings are coming up, and maybe it can get to $275. Some recovery from the highs is always a plus. $Broadcom(AVGO)$ earnings should be big too, and I think $400 is reachable before long.
$Marvell Technology(MRVL)$ I'm only down $71 a share now. I just hope this hovers around $300 after earnings. I'd still be down $21 a share, but I held through $163.
$Marvell Technology(MRVL)$ Anyone else think MRVL could rip after earnings? Options are pricing in about a 10% move. I think there's a chance it goes 20-30%.