MRVL Marvell Stock Rebounds: Is the Bottom In?Marvell Technology, Inc.BATS:MRVLSam-McMahonMarvell (MRVL) appears to be in an ABC correction following the previous five-wave move higher. Wave C broke below the 61.8% retracement but has so far held nicely at the 100% extension, meaning wave C matched the length of wave A. The one-hour chart shows a healthy rebound from this level that isn’t as clear on the daily, alongside today’s broader market recovery. I’m now watching whether we can build on this bounce and break above the wave B high. That could support a potential wave 1 and the start of a new move higher. For now, it’s too early to say the bottom is in, but the rebound is encouraging.