Verified Investing on $MRVL (Nov 9, 2026)
After MRVL fell almost 50% in one week, the speaker sees it at a major technical area (a parallel trend line from a December 2024 pivot) and thinks it could rebound 10% to 20% this week alone; he calls 135 down to about 127 a major level.
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But if we move on to my charts, let's take a look at Marvel Technology, shall we? So what we have here, folks, is just the events of last week. We are going back to about a week before last Wednesday, that is, about a week and a half ago .
The stock has dropped by almost 50% in just one week. This is without taking into account its levels on the charts from just one month ago.
Firstly, I'm always looking for points of reference, and this immediately caught my attention here. We have this main pivot point going back to December 2024. I'm going to put a trend line there.
Then I say: Wow, look at that dip at the peak, then a lower peak, then this bottom. Where would that parallel line be? Let's draw it directly and see. We draw it right here. We extend that parallel line downwards, and look, we are now directly inside that area.
Basically, I think Marvel could see a 10 to 20% rebound this week alone. Any level from 135 down to about 127 is, for me, a major level. This is my swing trade for today. Here it is, right in front of you, guys, right here.
What this channel has said about $MRVL
Verified Investing has 12 calls on this stock; only the adjacent ones are shown.