Trading analysis of ServiceNow and Marvell Technology using dark pool prints and technical levels. ServiceNow shows consolidation around $106-$108 with bullish targets at $111.26 and $115.55 if it breaks above $110.50. Marvell's 1.2M-share print at $329.25 suggests watching $252.41 and $252.93 as key upside targets, with stronger downside risk below $237.75.
Chapters
Good morning, traders. It's Tuesday, July 7th at 4:17 a.m. All right, 2 stocks for you to trade today. We've got Now ServiceNow and we've got Marvell Technologies. So let's go ahead and have a look. Largest prints in the last month going back here June 11th. We see this consolidation of prints here. We had this print here around 106, uh, 382K. We pulled back, consolidation of prints here. This is a great swing entry here, pulling back Increasing volume breaking above prints, and so you can see what's happened. We've tagged a print, come back and got more, moved up. Now we're breaking through. So let's see if this can continue on the upside. I could see on a swing up to about 125, and then we've got a trade to the downside as well. But we're trading this intraday, so watch this into the close. There might be a good swing trade moving up. So on the left-hand side, intraday with my Pivots and cams. If you don't have those on your chart, you should add them. Persons pivots, Camarilla pivot boss, can't live without them. So we're going to be bullish above 110.50, target 111.26, 111.94. Then we've got 112.50, 113.25, 114.60 is R2, 115.55 is a cam. Then we've got 117.50, 120, 121.90 is R3. The ATR in this is about 5.64. We're halfway there so far. Bearish below 108. Let's get below this range here. Target 107.30 is the pivot, and then it's also this cam here. We've got the 200 simple, 200 exponential. So let's see, it looks strong pre-market. This might be the end of the road here. This is— these are really strong, these 200 simple, 200 exponential. So let's see, with it just might take some profit there as well. 106.86, 106.59, and then within 4 cents Is 479k, 10592, 10533 is another 500k. Then we've got 105, 104, 10397, and then we've got 131 down here and 100. And then right down here, this group within this 36 cents, 1.3 million shares. And then we've got the 100 and the This cam right here. So I stopped here, especially with the ATR on that. All right, moving over to Marvell. All right, so Marvell largest prints in the last 30 days. You can see here June 10th we had a print and we moved up and right at the top here 1.2 million 329.25 and we pulled back. Look at this massive volume. We pulled back into this consolidation of prints. Moved up, and then we've moved back down through the print. So you can see over the last few days increasing volume back to the test the four exponential moving average and push off. Now we're moving down. There's a fifty simple moving average right there, and then down here the one hundred around one sixty four. So the ATR on this one is about twenty eight dollars and fifty cents. So let's go ahead and map this out for an intraday trade. We're going to be bullish above two forty one fifty. Let's get above here this S two. We want that to be support. Turn. Target 242.99. Then we've got 245.39 is S1, 246.13, 247.18, and that's my 50 simple moving average there, 248.22. Then we've got 250.32, 251.36, 252.41, 252.93, and that's the pivot here. And we've got the 200 exponential, 200 simple. This is I'm assuming here would be a ceiling. If it was me, I'd be taking profit into this anyway because it's a retracement trade to the upside. On the downside, we're going to be bearish below 237.75. Let's have this to be resistance: 235, 230.08, 225. Then we've got 218.66— well, 220, 218.66, 212.50, 207.24 is S5. So you can see the downside is by far better with these larger pockets here. All right, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff, and we'll see you tomorrow with all new trade setups. Happy trading. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
