Dave Barnhart maps intraday trades for SPCX and MRVL using dark pool prints and moving averages. SPCX is bullish above $135.50 with targets to $145, bearish below $134.50 toward $70. MRVL shows bullish setup above $225.50 targeting $240, with bearish breakdown below $223 toward $215.
Chapters
Good morning, traders. It's Monday, August 10th at 4:44 AM. All right, let's have a look. We've got 2 stocks for you today. We've got SpaceX and we've got Marvell. So SpaceX here, we had earnings. These largest trades in the last month, and you can see here millions and millions of shares, uh, 4, 5, 6, about 7 million here back around July 13th. And we pulled back and there were more prints here, and we just consolidated sideways for a bit. Earnings came out and now we're breaking above these prints. Let's see if we can close above I would say we could probably get up here to about 198, and if we close below this about 106, 105, maybe we could come down to about the $70 level. But this is where the institutional interest is. So let's map this out intraday because there's lots of volume. That's what we need. We're going to be bullish above 135.50. We're testing that right now. Target 136, 136.58 as it can. 13723 is one of these prints I just mentioned, 1.7 million. Then we've got 13832 and 45 is 1.5 million. 139 is the 4 million and 13955 is our one. Then we've got, uh, 140, 14250, and then 14353, and then 145. On the downside, we're going to be bearish below 134.50. Target 133.22 is this 1.1 million. 132, 131.58, 131.37 is a cam. And then we've got 130, 129.64 right here. 127.90 is a cam. 127.04 is back to the pivot. It's also my 200 exponential moving average there. So we could go either way. It just looks— it's a little bit strong at the moment on the upside. Let's go ahead and look at Marvell. All right, so Marvell, similar sort of situation, only worse. We've got this range of prints, 1 million, 325K, all of this. So we've got these here sandwiched, and so we've just been swooping through all of these institutional levels. So we're sitting here, there were new prints, it looks like this, on the 4th and 5th and 6th, whatever, and we're pulling back to this 8 exponential moving average. Let's see if we can, if we can close above like $219 or something, then we can probably get up to the $240 level. But it looks like we're about to break out. Let's see what happens on the intraday. We're going to be bullish above $225.50. Let's get above this pivot right here. Target $227.71 is a cam. Then we've got $230, $231.72. Then we've got $235, $236.12 is a Is a cam here. Then we've got 237.50, 240. I stopped there. The ATR on this is about $17. Okay, so but if it's continuing, then there's no reason to get out. Bearish below 223. Let's get below this. Have this green line as resistance target. 221.72, 220.22, 218.59 is 533K print. This is also if you look at the post-market. This is back here, and that's what we gapped off of. Then we've got 217.22 is a cam. This is also my 200 simple, 200 exponential, so this is pretty strong here. This whole area is pretty strong. I mapped it out to 215.72 and 215.37, which is the pivot right here on the downside. 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. Leave some comments in the comment section below, and we'll see you tomorrow with all new trade setups. Happy trading, everyone. Mobitick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
