Verified Investing on $MRVL (Nov 6, 2026)
After MRVL fell back to 2024 levels near major support and six straight declines, the speaker expects a bounce to 160, maybe 170, a 15-20% gain, though it may first touch lower support at 128.
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To give you some examples, MRVL stock, right? MRVL stock is here. I mean, look at this level here. We are getting right up close to this epic support since 2024. Let me repeat that.
We're now back to the levels where MRVL stock was trading in 2024. Well, this stock has gone up since March of this year from $75 to $330, and now it's back to that level. Technically speaking, it hasn't touched that line here, that lower line at 128, so there's always a possibility it will head there first, but these are the stocks I look at and say, "Wow, look how low the expectations are now for these names as the good are being shed with the bad, as fear reigns, as there have been 6 consecutive days of decline, which is a time count in the methodology, and we should get a bounce."
So, I expect, listen, I'm not saying the stock will bounce back up here, but do I think it should bounce back to 160, maybe a little higher , maybe 170, which represents an upward move of 15-20%? Yes, I think he should bounce back there.
What this channel has said about $MRVL
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