MRVL Massive 15-Years Symmetrical Breakout Targets Ahead
Marvell Technology (MRVL) has just completed a monumental breakout from a 15-years symmetrical triangle, a rare and powerful long-term accumulation structure. This type of macro consolidation typically precedes a major directional expansion, and in this case, the breakout confirmed bullish continuation.
Currently, MRVL is forming a rising channel structure, with price bouncing cleanly from the lower boundary confirming demand and the continuation phase of the macro move.
The 1:1 projection from the symmetrical triangle gives us a clear target trajectory, with the final leg potentially extending to $229, aligning perfectly with the upper boundary of the rising channel.
In the short to mid-term, the ideal buyback opportunity rests near $67.50, should the market retest previous breakout support or the lower boundary of the channel once more. This zone offers asymmetric risk-to-reward potential for long-term investors and swing traders alike.
Key Targets
📈 $67.50 – Buyback Opportunity Zone
📈 $229 – Rising Channel Top / 1:1 Expansion Target
A breakout this large is no coincidence, it’s backed by years of price compression and institutional positioning. Now is the time to watch closely.
📩 Drop your view in the comments and share your stock requests for quick analysis.
Only stock assets will be accepted under this post.
Currently, MRVL is forming a rising channel structure, with price bouncing cleanly from the lower boundary confirming demand and the continuation phase of the macro move.
The 1:1 projection from the symmetrical triangle gives us a clear target trajectory, with the final leg potentially extending to $229, aligning perfectly with the upper boundary of the rising channel.
In the short to mid-term, the ideal buyback opportunity rests near $67.50, should the market retest previous breakout support or the lower boundary of the channel once more. This zone offers asymmetric risk-to-reward potential for long-term investors and swing traders alike.
Key Targets
📈 $67.50 – Buyback Opportunity Zone
📈 $229 – Rising Channel Top / 1:1 Expansion Target
A breakout this large is no coincidence, it’s backed by years of price compression and institutional positioning. Now is the time to watch closely.
📩 Drop your view in the comments and share your stock requests for quick analysis.
Only stock assets will be accepted under this post.
Trade active
Our attention should be on the buy back zone for long opportunity.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.