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Long-term investor focused on disruptive innovation | AI • Space • Robotics • Biotech | Seeking asymmetric opportunities through patience & compounding. I share knowledge and research, not financial advice. All trading decisions are yours. Buying and selling involve risk. DYOR. 🇨🇦
$MRVL — the pullback is orderly.
$268.73. Nearly doubled from the July lows to $300, now cooling off — but still far above the rising 50-day at $239.56.
RSI 57 — healthy. Acc/Dist at 16.3b in a relentless uptrend, so institutions have been accumulating the entire move.
Support: $260-265, the recent shelf. Below that, the 50-day at $239-240 is the real backstop — and the golden cross (50 over 100) just confirmed the longer trend.
The AI interconnect thesis hasn't changed. The chart just needs to breathe after doubling.
$AAPL — the steady climber.
$342.96. While the market sold off on hot CPI, Apple held near its highs — still above every moving average, with the 50-day all the way down at $314.
RSI 63 — strong, not overheated. Acc/Dist in a clean uptrend, so real buying sits behind this move.
Support: $335-340, the recent breakout zone. Below that, the 50-day at $314 is the backstop.
This is what leadership looks like in a rotation: the market punished duration and rewarded cash flow. $AAPL is the latter.