$MRVL LEADS OPTOTECH DROP AS JENSEN HUANG'S PICK FALLS 2.9% IN PRE-MARKET 📉
The entire optoelectronics sector is bleeding in pre-market — Marvell down 2.9%, Coherent off 2.1%, and even the FOTO ETF slipping 0.72%. Huang just called MRVL a potential trillion-dollar name, and now the market is testing that conviction with heavy selling.
Volume picked up on the sell side across all tickers, which tells me this isn't random noise. If these declines hold into the open, we could see a sector-wide test of recent support levels.
Are you buying the dip or waiting for more downside?
Not financial advice. Always manage your risk.
#MRVL #Optoelectronics #PreMarket #TechStocks
🔥
The entire optoelectronics sector is bleeding in pre-market — Marvell down 2.9%, Coherent off 2.1%, and even the FOTO ETF slipping 0.72%. Huang just called MRVL a potential trillion-dollar name, and now the market is testing that conviction with heavy selling.
Volume picked up on the sell side across all tickers, which tells me this isn't random noise. If these declines hold into the open, we could see a sector-wide test of recent support levels.
Are you buying the dip or waiting for more downside?
Not financial advice. Always manage your risk.
#MRVL #Optoelectronics #PreMarket #TechStocks
🔥