$MRVL latest market update 🚀
Long/short: Short
Entry: 193.1354–194.5293
Stop loss: 195.3037
Targets: 192.0512/190.5024/188.1792
Reasoning: Sigh…… here comes yet another person watching at this cursed time. The broken-out move in MRVL is moving so sluggishly—it keeps hovering around 193.6. The short-term EMA crossing below the long-term EMA is just a matter of a few points. The MACD has a dead cross but they’re stuck together, still unwilling to drop decisively. The RSI is at 47—neither up nor down—just dangling you there. The short trend is the short trend, but it feels like it could pull you a fake rebound to annoy you at any moment. I set the stop loss at 195.3—thinking about it is kind of ridiculous: this is only about 1.7 away from the current price. One small spike could sweep me out, yet I can’t not place it—if it truly breaks down further, it might not even give me a chance to look back. Forget it—keep the position light then. This kind of market is about enduring life; the profits are all mental-compensation losses…… why did I choose this line of work? I’ll make fun of myself and keep watching.
Risk warning: Suggested stop-loss level: 195.303680. Please adjust your position according to your own risk tolerance
#MRVL
Long/short: Short
Entry: 193.1354–194.5293
Stop loss: 195.3037
Targets: 192.0512/190.5024/188.1792
Reasoning: Sigh…… here comes yet another person watching at this cursed time. The broken-out move in MRVL is moving so sluggishly—it keeps hovering around 193.6. The short-term EMA crossing below the long-term EMA is just a matter of a few points. The MACD has a dead cross but they’re stuck together, still unwilling to drop decisively. The RSI is at 47—neither up nor down—just dangling you there. The short trend is the short trend, but it feels like it could pull you a fake rebound to annoy you at any moment. I set the stop loss at 195.3—thinking about it is kind of ridiculous: this is only about 1.7 away from the current price. One small spike could sweep me out, yet I can’t not place it—if it truly breaks down further, it might not even give me a chance to look back. Forget it—keep the position light then. This kind of market is about enduring life; the profits are all mental-compensation losses…… why did I choose this line of work? I’ll make fun of myself and keep watching.
Risk warning: Suggested stop-loss level: 195.303680. Please adjust your position according to your own risk tolerance
#MRVL