$Marvell Technology(MRVL)$ Blo

Bloody Thursday for MRVL and most AI and Chip plays. But for such a large fall to happen in such a short time, usually we can expect that overselling has taken place arising from wide spread panic. And worsened by Friday being a no-trade holiday.

It's actually good that there is no trading today. This may be helping the market to calm down.

My read is this correction may be healthy as, especially for Tech stocks, it's been a crazy almost daily record high few months. The market needs time to digest.

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