MRVL is expected to fall to $160, with support tested at the 50-day SMA (~$216), $200, and the 200-day SMA.
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Nikquille mentioned Marll saying that it's getting killed and indeed that's one of our AI names that's gapping down here. This thing's down 8%.
I didn't see any other news for this, but let me check again. I know there was kind of a lot lumped in here... Here's what Marll looks like. I think we also have a trend line uh that we're going to have to deal with here today.
Marll got to hold its 50. We'll see if it's able to do that. That value 216 and a quarter, by the way. Um, I don't have any other new news here. So it looks like this is just kind of moving with the AI fears on that 13.
short looks like well I'll tell you the next three uh spots that I think this has support and you tell me if you think we're going to hit all three of them or not but right now we're at one of them uh or very near that 50-day SMA as you pointed out.
Uh 200 is after that and then after that we have the 200 day SMA. So at $200 and then 200 day SMA after the 50-day SMA. Those are the next three downside levels I have. And if we don't get that support at 160 where that 200 day SMA is then I don't know it's going to probably uh uh I mean there could be you know some support just underneath that 200.
Uh we might go you know SI is trying to re or you know make several attempts to recapture that 200 but I think that's where the price look to me looks like it's headed. We're going I think we're going down to towards 160.
Okay. And I was just going to say the 200 at you you hit it right on the head there. That's perfect. The 200 is at 155, but this 160 previous low, the 200 might be there by the time we get down there.
So, that 160 target that you're getting seems right on there, 13.
went long on some Marll 216 MRVL. So, we have our first buy on the Marll pullback from Retro.
Closed out oracle for scratch. entered Marll as a replacement FYI. what it did was it tossed um oh my god what was that stock there? Why can't I remember things? uh toss Oracle out in exchange for Marll.
We'll see on Marll. That's coming back in a little bit.
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