MRVL – Marvell Technology Inc.

Date: 14 May 2026

Sector: Electronic Technology / Semiconductors

Exchange: NASDAQ

TradingView link: https://www.tradingview.com/x/ucptnwRm/

I’ve marked up two major pink boxes on this chart, dating back to the company's June 2000 flotation.

During the initial pink box, price effectively traded sideways between roughly $1.24 and $36 for a very long period, with not an awful lot structurally happening.

It was only once we finally broke above the top of that range around ~$36 that the stock accelerated rapidly higher toward ~$92, which then led into the second major pink box consolidation phase.

That second pink box runs from roughly December 2021 through to May 2026.

Within that structure:

* We tested highs around ~$129 on three separate occasions in fairly quick succession

* while also repeatedly finding support around the ~$33 region

Most recently, however, we finally broke above the top of that second pink box.

The weekly close on Monday, 13th April, marked the breakout and, importantly, we have now held above that level for four consecutive weeks with continued positive price action.

Yesterday’s session was particularly important because we saw an approximately 8% move higher, which also broke the smaller consolidation range the stock had recently been forming.

That move strongly suggests momentum is beginning to accelerate again.

Entry trigger:

* I’ve entered this trade based on:

* the strength of the previous weekly closes above the pink box

* and yesterday’s 8% breakout move

Initial stop loss:

* 1R from current entry level

Multi-timeframe correlation

3M: Blue candle

1M: Blue candle

1W: Blue candle

1D: Blue candle (recently transitioned from grey back to blue)

4H: Blue candle

When do I tighten the stop loss?:

* Last 4H swing low

Potential target range (daily):

* $580 (approximately 226% upside from current levels)

Activated price targets: 2

Am I in this trade: Yes

Current return (R multiple): -0.01R