Robert Taylor

Independent US equity trader based in LA
Focus: AI, Semiconductors, Growth Tech
Technical analysis & high-conviction setups
Always do your own research

[Robert Taylor @PoseidonFP]

Been watching MRVL closely these past few weeks.
The stock has broken out to fresh all-time highs and is holding a very clean bullish structure. Momentum still looks intact.
On the daily chart:
- Price has moved decisively above the key moving averages and is now testing the upper Bollinger Band.
- RSI is sitting around 57–60 — neutral to bullish, not overbought yet.
- MACD just printed a positive crossover with an expanding histogram, which is a good sign for continued strength.
- We’re also seeing a bullish Kumo twist on the Ichimoku and solid support from the developing uptrend channel.
The Heikin Ashi candles and volume profile show a nice accumulation phase followed by markup — classic behavior when smart money is getting involved.
Key levels I’m watching:
- Immediate support: $128 – $125 (today’s low and the recent breakout level)
- Next resistance: $133.20, then the psychological $140 level
- Deeper support zone: $100 – $110 (previous consolidation area)
Overall, the trend remains bullish. A pullback to the 50-day MA around $110–$115 would be a healthy spot to add if it happens, but right now the structure favors continuation higher unless we see a broader market sell-off.
If my analysis helped you this time and you made some profit, I’d really appreciate it if you followed the account.
I’ll keep sharing my next high-probability setups and detailed analysis — the kind that can actually help you stay ahead instead of getting chopped up like so many others.

Don’t miss the next one.

[Robert Taylor @PoseidonFP]

Key takeaway:
While the surface looks stable (172k jobs added), the hidden slack is growing. More people are dropping out or giving up on finding work.

[Robert Taylor @PoseidonFP]

The number of Americans not in the labor force but who want a job has risen to 6.2 million in May — up significantly over the past year.

[Robert Taylor @PoseidonFP]

This group is not counted in the official unemployment rate (currently 4.3%), which means the headline number is masking real underlying weakness in the labor market.

[SpaceX @SpaceX]

SpaceX is building the infrastructure of the future

[Robert Taylor @PoseidonFP]

@KobeissiLetter The market is rotating out of the most crowded trades. Watching how NVDA and the semis hold key support levels here will be important.

[Robert Taylor @PoseidonFP]

Today, @SpaceX (Nasdaq: SPCX) makes its public market debut with a $75Bn offering (pre-greenshoe) at $135 per share, marking the largest IPO in history.

[Elon Musk @elonmusk]

🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

[Robert Taylor @PoseidonFP]

Summary:
MRVL still looks bullish medium to long-term, but short-term caution is warranted. I’ll be looking to add on weakness in that $245–$255 zone rather than buying strength here.
Patience wins in this market.

[Robert Taylor @PoseidonFP]

$MRVL Update — June 11, 2026
Since my original recommendation around $126 in mid-April, MRVL has delivered approximately +118% gains. That’s a strong move by any standard.

[Robert Taylor @PoseidonFP]

I’m not chasing at current levels. Instead, I’m patiently waiting for a better entry.
Best Add-on / New Entry Zone:$245 – $255
This area aligns with previous breakout levels and should provide strong support with excellent risk/reward.

[Robert Taylor @PoseidonFP]

My Current View:
The long-term AI/semiconductor thesis remains very much intact. However, in the short term, the stock is likely to see more digestion and possible pullback after such a fast run-up.

[Robert Taylor @PoseidonFP]

Current Technical Picture (4H):
Price is now at $274.68 after today’s +3.49% move
We’ve cleared several short-term hurdles, but facing strong resistance at $280–$285
The rally from $230 has been sharp, and healthy profit-taking is now visible

[Robert Taylor @PoseidonFP]

@KobeissiLetter This market downturn isn't over yet, but when it is, it will present an excellent buying opportunity.

[Robert Taylor @PoseidonFP]

Trading Plan:
I’ve already started trimming some profits on the big move to lock in gains
Looking to add on a healthy pullback to the $230–$240 zone with tight risk management
Will reassess bias if price clears $262 convincingly with volume

[Robert Taylor @PoseidonFP]

$MRVL Technical Update — June 11, 2026
4H Chart Analysis:

Price has pulled back from the recent $300+ highs and is now consolidating in the $252–$253 zone
MA200 ($262.15) is acting as strong overhead resistance
MA50 ($212.77) continues to provide dynamic support from below

[Robert Taylor @PoseidonFP]

This is a healthy digestion phase after a powerful rally. The overall uptrend remains intact as long as we hold above $230. The AI and semiconductor tailwinds are still in place, but near-term volatility and profit-taking are expected.

[Robert Taylor @PoseidonFP]

@cockerham_cecil Check out my profile—I previously recommended and bought this stock, and now plan to sell my remaining holdings when the price drops to the 340–360 range

[Robert Taylor @PoseidonFP]

Let’s talk about $MRVL—this stock’s performance has been exactly as expected.
Back on April 13, when $MRVL was still quietly consolidating, I recommended a buy opportunity around $126.

[Robert Taylor @PoseidonFP]

@KobeissiLetter When you see this level of capital flight, it’s usually a warning sign.