[MRVL]

Marvell (MRVL) recorded strong performance as both its non-GAAP EPS and revenue exceeded market expectations. Based on strong performance and expectations of AI growth, the stock price has risen; if it reaches the profit‑taking target of $252.52, we will take profit, and if the downtrend breaks and it falls below the stop‑loss level of $175.15, we will cut loss. At a time when strong earnings news and AI growth prospects are converging, if you were considering buying at this point, you would have entered based on the earnings‑surprise momentum and the upward trend of the theme. At the entry point, the technical indicators show that the 14‑day RSI is at 62.8, indicating modest upside potential before the stock enters overbought territory; the moving averages are not aligned, and trading volume is 0.73 × the 20‑day average, somewhat lower than usual. The 7‑day change rate is +4.6%. Entered the position expecting an upward trend based on strong earnings and AI growth expectations, but the actual result recorded a -10.3% return, ending in a failure to reach the stop‑loss level (FAILED). At that time the 14‑day RSI was 62.8, nearing overbought territory, and the 7‑day change was +4.6%, showing upside pressure; however, trading volume was 0.73× the 20‑day average, somewhat weak, and the moving averages were in a non‑aligned state, indicating that the trend’s momentum was not fully intact. Moreover, despite the positive news of an earnings surprise, I did not adequately weigh the warnings from other related reports that simultaneously showed the market’s disappointment selling pressure on a break below the 50‑day moving average and on guidance. Through this trade, I learned that even if positive earnings announcements and an upward trend in the theme (rising, 전환율 18.0%) create short‑term momentum, downside risk can become significantly larger at any time when the moving averages are misaligned and trading volume is below average. Going forward, I will adjust my trading principle to not rely solely on one‑time positives such as earnings beats; if trading volume and moving‑average alignment do not support the move, I will either take a more conservative stance by postponing entry or tighten stop‑loss controls.

Marvell (MRVL) saw a significant surge in its stock price following the announcement of a supply contract for AI chips with Google and the issuance of warrants to the search giant. If the collaboration momentum with Google and the technical trend are maintained, I will take profits at the target price of $240.18. In the event that the price reaches the low range of the candles as of 2026-08-20 or if volatility increases and the trend breaks down, I will respond with a stop-loss at $162.9. (※ The take-profit and stop-loss prices are based on REPORTING calculations.) We considered entering based on the strong positive news of a large chip contract with Google and the issuance of stock warrants, along with a trading volume that was 1.19 times the 20-day moving average. Although the RSI (14) is at 70.9, indicating a somewhat overbought condition, we assessed that there is concentrated buying interest in the context of a recent trend of higher highs and higher lows over the past seven days. The technical indicators at the entry point show an RSI(14) of 70.9, approaching the overbought zone, and the moving averages are in a non-aligned state. The trading volume has increased to 1.19 times the 20-day average, and the recent 7-day volatility recorded a change of -1.2%. Based on the strong positive news of a chip supply contract with Google and the issuance of new stock warrants, we entered the position and recorded an actual result of 11.5%, surpassing the forecasted return of 4.5%. At the time of entry, the RSI(14) was at 70.9, indicating an overbought condition, and we accurately noted that the trading volume was 1.19 times the 20-day average. However, we reflect on the fact that we conservatively estimated the impact of the partnership with Google and the resulting concentration of supply and demand, which led us to predict a somewhat lower increase than what actually occurred. For stocks that are accompanied by strong momentum news and trading volume, even if technical indicators point to a short-term overbought condition (RSI above 70), we will reflect a more flexible upward adjustment of the profit-taking target in the next trade, considering the impact of key contract disclosures (such as 8-K Item 1.01). Past similar success cases include an instance on 2026-08-20 with the same stock (MRVL) where the news 'Marvell jumps on Google chip deal; issues warrants to search giant' resulted in a 11.5% profit, directly overlapping with the keyword 'Marvell Technology'. Additionally, while there is no direct similarity basis for the cases of VEEE (2026-07-16, 451.7%) and LRCX (2026-07-06, 346.8%), they are noted for reference as top performers in the region.