$Marvell Tech(MRVL.US)In the short term, MRVL is in a corrective phase following an explosive rally. The combination of overbought technical readings, consistent net selling flows, and high volatility suggests the stock may continue to experience choppy trading or further consolidation near the $263-$290 range. 145 Traders should watch for a stabilization above the $290 resistance or a hold above the $263 support for clues on the next directional move. The long-term growth narrative tied to AI remains intact, but the short-term position requires caution due to the aforementioned technical and sentiment headwinds.
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