$MRVL Marvell shone at its Investor Day today! It has

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$MRVL
Marvell shone at its Investor Day today! It has reached the short-term target of 300!!!

Incredible! 300 is also an important resistance level in the short term. Once it holds above that, we can look straight to new highs. Then it’s on to our long-term target of 500!

#MRVL

无邪Infinity

$MRVL

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The market is already at 277, so next it’s time to test the resistance around 300 again.

In September, I believed the US stock AI weekly chart was nearing its end, and that capital would spread from GPUs into ASIC custom chips, high-speed interconnects, and optical communication. Mavell holds two of these themes.

Add to that the earlier cooperation with Google through fiscal year 2033, and the recent quarterly data showing a sharp rise in the company’s actual performance. The market may price in growth for the coming few years ahead of schedule!

For the medium to long term, my personal view remains that 500 is the target!

#MRVLUSDT

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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