MRVL faces post-earnings selling pressure but finds potential support at $200, $194, and $162 over the next few days to weeks.
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And finally, MRVL. Um, MRVL decent volume, about half of the average volume, which is good compared to the S&P and the Q's, right? Um, but on this stock did have earnings uh last week on Thursday and ended up selling, right?
Sold on Friday, continuing that kind of earnings sell.
and really important that it's coming down into a potential level of support right here. Let me go ahead and delete this. I'll give you two levels of support here on MRVL. First off, there is key uh sideways consolidation in previous support at the psychological level of 200 bucks.
Should it come down there, um I think it does get a bounce at least intraday.
A larger level would be a nice gap fill from the beginning of August around 194 essentially. And for me, the final level of support that I'm kind of watching is that pivotal low from 162, the stock's recent low.
So, if MRVL continues to sell, expect, you know, some support at these levels um in the next coming days or or weeks in in this case.
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