MRVL trend line near 211 expected to hold support in coming days despite potential selling.

All right. So, Marvel. Uh next up on Marvel's chart, they did report earnings after the bell, and you can see they did decline pretty nicely, down 9.72% today.

But, if you notice, price has really come into a pause right in this range of consolidation that took place all on top of this yellow trend line that you see here on the chart.

You can see this dated all the way back here to March of 2024. All I did was connect this other previous high pivot in December of 2024, and then I drew that trend line amongst and and all out on my chart.

You can see when price action came up to it initially, paused, it did pierce it, got rejected, came back and closed, put in a couple days of consolidation, then lifted off, and then when we broke back down, came back up, got rejected by this trend line, and then when we got back above it, really consolidated, caught a bounce, and then lifted up on the charts.

So, that tells me this area should be an area that holds price in the coming days, even with selling extending potentially into next week. Be watching for price to stay right around this trend line in the 211 range.

Aside from that, we've got the next key level of support capable of providing a bounce to come back up and hit this trend line down here at $193.61. If and when this trend line does break at $214.74.