The Broadening Formation is just one piece of the puzzle. See the full technical breakdown.
Expanding volatility. Sign of instability.
Gradual reversal from bearish to bullish.
Traders are watching Marvell Technology (MRVL) as price action tightens. Price has moved to $133.83 (1.93%) amidst recent volatility. Algorithmically, a Rounding Bottom structure has completed. This setup is supported by strong volume turnover. A potential breakout level is identified at $136.9, targeting $203.15 with support near $103.78 (R:R 2.0).
What is your outlook on MRVL?