Monday, October 19, 2026

MRVL stock | 1 min chart vs 5 min chart | Left 1 min vs right 5 min

 Left 1 min nchart | Right 5 min chart


3 Trades to purchase 200 shares of MRVL 





Take profit - Bar count No. 55 - $240.72/ share - 




Follow up - Retracement - New trade - EMA 50 - MRVL stock stayed above EMA 50 

  1. Should get back to purchase 200 shares of MRVL stock - Above EMA 9, uptrend continuously
  2. Another 12 bars - 5 min chart - one hour work - 8 * 200 share = $1600 US dollars gain 
  3. Be patient, and check EMA 5, EMA 9 on 5 min chart, 1 min chart check EMA 50 
  4. Right side - 5 min chart - MRVL stock was above EMA 9 - bar count No. 13 and No. 14
  5. Left side - 1 min chart - MRVL stock was above EMA 50 - VWAP blue color line 


Need to work on target band - $246/ share - Not $$240/ share 

  1. Learn 5 * 50 = 250 min, 5 HR pivot point
  2. Review 4 H chart, and then find out where is the pivot point of 4H chart 

  1. 4H EMA 200 Last Friday - PDL
  2. 4H EMA 100 - Pivot point should be above EMA 100 on 4H chart 
  3. Institional buyers should push the price high above EMA 100 on 4 H chart first






D chart - EMA 50 - $245/ share - Rebound high pivot point should above EMA 50 - $245/ share






Missing another 3% gain on uptrend 



No comments:

Post a Comment