Marvell Technology Price Levels to Watch as Stock Soars After Strong Earnings

Key TakeawaysShares in Marvell Technology jumped in premarket trading Wednesday after the chipmaker posted strong quarterly results and issued a rosy outlook amid robust demand for its custom AI chips. The stock broke out from an ascending triangle on above-average volume Monday, a bullish chart pattern that indicates a continuation of the uptrend.A bars pattern, which takes the price bars from the stock’s trending move between October and November and repositions them from the ascending triangle’s lower tr ...