Looks quite bad.
The bounce followed by another round of sell-off is suggesting the AI correction is not over.
We may see MRVL go below $200 this month.
After which we need to see if there is resumption of the up. Or a confirmation of what some were warning of an AI bubble burst.
Hold all actions for now. Play safe.
Movement Alert|Marvell Technology Falls 5.59% in Regular Trading, Options Market Sees $10 Million Bearish Bet Amid Semiconductor Sector Selloff
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