OneHedges

OneHedges

Marvell Technology Gapping

AVGO gaps on earnings - will it awaken the Semis?

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Onehedges
Dec 13, 2024
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Marvell Technology MRVL as highlighted in yesterday’s post is gaping over 8% on news of AVGO (another semiconductor stock) beating earnings. Let’s see how we close today but if you bought the MRVL trigger yesterday I'd book some partial profits 1/3 or 1/2 this AM on this gap and move your stop to breakeven - this essentially “free-rolls” the trade. If t…

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