Jan. 14 at 8:42 PM
$MRVL The
$79.47 was a critical "battleground" zone. Using the real-time order flow and technical data to identify where the institutional "buy walls" are currently sitting shown
$77.91 to be the Market Maker "Expected Move" (lower bound of the weekly options expected). Institutional "Buy Wall": 200-day SMA; where deep-value "dark pool" orders are clustered at around
$75.20.
RSI is oversold and price is sitting on today’s low area, so a snapback is plausible. If it does not reclaim
$81.20 (first overhead level that matters), it could sustained trade below
$79.31.
Will continue to monitor for best entrance opportunity.