Jensen Huang stood on a stage and pointed at Marvell.
The most important man in artificial intelligence, the CEO of Nvidia, called it the next trillion-dollar company in front of a live crowd. The stock ripped 32% that day, its biggest single-day move ever. When the person building the engine of the AI economy tells you who supplies his plumbing, you stop scrolling and you look.
So I looked. And the chart is doing exactly what I want a chart to do.
Here is what Marvell does. It builds custom AI chips, the specialized silicon that hyperscalers like Amazon, Microsoft, and Google use to run their data centers. When computing gets spread across thousands of chips, those chips have to talk to each other fast, and that connection is Marvell’s job.
The business is real, not a story stock. Last quarter the company did $2.1 billion in revenue, up 37% from a year ago, with the data center piece alone at $1.5 billion and growing 38%.
Management guided to a path toward roughly $10 billion next year, Nvidia put $2 billion into the company, and the price closed near 298 after a 7% rip.
Trend comes first, always. If the trend is wrong, nothing else matters.
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MRVL is in a clean uptrend off the March lows, riding higher candle after candle and sitting near the highs with a top-tier strength score. This is a stock being carried by its trend, not fighting it.
Pattern is second, and this is the part I love. The EMAs are stacked: the 8-day at 284, the 21-day at 270, and the 34-day at 250 are fanned out in order, with price above all of them.
A moving average is just the average price over those days. When the fast one sits above the slow ones like this, everybody who bought recently is green and nobody is trapped overhead waiting to sell into strength. The daily is stacked and the weekly is stacked too, and two timeframes agreeing beats one.
Squeeze is third, and it is on. A squeeze is what happens when volatility compresses and the range tightens, like a spring being wound down.
The TTM Squeeze just fired green and is coiling right here. The energy is getting stored with nowhere to go yet.
Put it together, and you have the whole thing. The trend is up, the averages are stacked on two timeframes, and the squeeze is loaded near the highs.
That is a TPS setup, Trend, Pattern, Squeeze, and it is the exact picture I want to be ready for every time.
The most bullish detail is where this is happening. The squeeze is coiling near the highs, not down in the gutter. A spring loading up at the top of an uptrend points the path of least resistance higher.
MRVL is checking all the boxes right now. If you’d like to learn more about how I trade and how I try to capture quick gains in the market, check out my Fast Cash system here.