MVLL (2x MRVL) — BUY BEFORE EARNINGS!Marvell Technology, Inc.BATS:MRVLitsSweeped$330 target on MRVL. MRVL (Marvell Technology) is a fabless chip designer building custom AI silicon, optical interconnects and networking chips for hyperscale data centers. Data center is now around 76% of its revenue. Earnings land on August 27 after the close, with the Street looking for $0.93 EPS on $2.71 billion revenue. Last week Marvell expanded its custom chip partnership with Google and targets moved up across the board. I remain optimistic going into this one. From a technical standpoint, you know I do not short when price is this close to all time highs. This is the weekly chart, and the reaction from the Monthly FVG (Fair Value Gap) has been a strong one. Price hit the middle of it once, came back and filled it completely, and never closed below it — not even below the previous low. Those are very bullish signs. I was looking to long this week on another tap into the Monthly FVG, but price is showing more strength than I expected. The fact that price keeps trading below the weekly FVG without closing under it tells me the same thing: it does not want to go lower. 🟢 Looking to long before earnings, and I do not expect us to trade under this week's lows. 🔴 If I see bearish signs from here, I will wait for the reaction around the Monthly FVG. I do not mind taking a small loss for a big win afterwards. And if no proper entry shows up, wait until after earnings. 🟡 MVLL is the 2x ETF on MRVL. I go with the one that has the lowest spreads. #MRVL #Marvell #MVLL #Stocks #AI #Semiconductors #TechnicalAnalysis #PriceAction #FVG #Earnings #TradingView #NASDAQ