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

On July 1, Marvell Technology declined 5.59% in regular trading, trading at $284.13/share, with turnover of $1.09 billion.On the news front, the options market registered a massive bearish signal as...
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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