No, Not That Marvell (MRVL)

just a little push on Thursday

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FEB 27, 2024       SCOTT WELSH’S TICKER TALES No, Not That Marvell (MRVL) We’re heading for a showdown on Thursday. If the Fed’s favorite inflation gauge, the PCE, comes in better than expected, then inflation is under control and tech will almost certainly go crazy. Again.  And while many tech stocks have already exploded, like NVDA, there are a few that are very close to a breakout level. All they need is a little PCE push. MRVL (Marvell Technology) is one of those right on the edge. Here’s the chart:   A good inflation number could take this already-hot stock in a blazing-hot sector on a big run. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45. 7 Critical Dividend Stocks for an Unshakeable Portfolio In wild markets, your portfolio demands stability! And the bedrock of stability starts with robust dividend stocks… Solid stocks that pay dividends come rain or shine! Login now to grab these 7 Critical Dividend Stocks! 80/20 FOREX WITH CASEY STUBBS Pullback or Breakout? Navigating the EUR/USD Surge Today, We are looking at the EUR/USD. There is a nice move to the upside happening right now. And we are looking at a pullback. I am looking for a bullish candlestick pattern to happen around the key support level, and if there is a break to the upside I am going long. Or if price breaks down, I will be looking for it to get to the next support level and go long. In fact, I might just buy when price gets to both levels as they both seem like great places to add to the trade.    If you notice the trade on the daily we have a nice breakout… So right now, I am in the “buying all pullbacks” mode and I believe this move could go on for quite some time.   I hope this helps, Casey Stubbs

FEB 27, 2024 SCOTT WELSH’S TICKER TALES No, Not That Marvell (MRVL)   We’re heading for a showdown on Thursday.   If the Fed’s favorite inflation gauge, the PCE, comes in better than expected, then inflation is under control and tech will almost certainly go crazy.   Again.    And while many tech stocks have already exploded, like NVDA, there are a few that are very close to a breakout level.   All they need is a little PCE push.   MRVL (Marvell Technology) is one of those right on the edge.   Here’s the chart:   A good inflation number could take this already-hot stock in a blazing-hot sector on a big run.   We’ll keep an eye on it.   Happy trading, — Scott Welsh   P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45. 7 Critical Dividend Stocks for an Unshakeable Portfolio   In wild markets, your portfolio demands stability!   And the bedrock of stability starts with robust dividend stocks… Solid stocks that pay dividends come rain or shine!   Login now to grab these 7 Critical Dividend Stocks! 80/20 FOREX WITH CASEY STUBBS Pullback or Breakout? Navigating the EUR/USD Surge Today, We are looking at the EUR/USD.   There is a nice move to the upside happening right now. And we are looking at a pullback.   I am looking for a bullish candlestick pattern to happen around the key support level, and if there is a break to the upside I am going long.   Or if price breaks down, I will be looking for it to get to the next support level and go long.   In fact, I might just buy when price gets to both levels as they both seem like great places to add to the trade.    If you notice the trade on the daily we have a nice breakout…   So right now, I am in the “buying all pullbacks” mode and I believe this move could go on for quite some time.   I hope this helps,   Casey Stubbs

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to penunggangbadai.moneyblog@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to penunggangbadai.moneyblog@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

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