SHORT (SELL)
Marvell (MRVL) 🇺🇸 TP
@: (ONLY VIP 
)Recommended Entry Range
221.50 - 222.00 
► We are making more trades against the market and also expect profit taking in MRVL from here - particularly during the final two and a half hours of trading ahead of the weekend.
► MRVL is generally benefiting from the continued very positive sentiment around NVDA, which I fully share, following Nvidia’s mega earnings report.
► Additional positive sentiment in the AI space came from Nvidia’s planned acquisition of open-source AI platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further into the broader AI value chain. The acquisition of Hugging Face - including the acquisition price - reinforced expectations that the AI boom remains fully intact. Nvidia is showing that it is investing across the entire AI ecosystem and does not see itself as “just” an AI chipmaker.
► I also see room for a short-term SHORT in MU and expect Micron to face profit taking that could push the memory giant below the key
$1000.00 level, around which the stock is currently trading.Marvell (MRVL): Multiply your “standard (EUR/USD)” position size by approx. ~60–70x (6,000%–7,000%) – 1/2 position size
position code / 100% Transparency - 26071601A
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