Just as I was about to close the screen and go to sleep, the price already handed the short-side “answer” to me in advance. A few days ago, at bedtime, $MRVL was still repeatedly probing at the high level. It looked lively on the surface, but each time it pushed up, it always fell short by a breath—volume didn’t keep up, while sell pressure above kept getting more obvious.

During the session, I watched how MRVL’s order book support changed. When I saw the rally lacked continuity, and the buy side couldn’t hold it, I judged this was more like a loosening after a bull trap. So around 283.69, I entered a long position, without chasing the apparent strength.

Now the price is at 211.99. The short position has realized a gain of 619.76%. This profit finally gets banked—the timing was right. First close 80%; move the remaining 20%’s protection level to around the cost basis. If it keeps dumping, let the profit run. And if it bounces back, don’t give back what you’ve already taken.

Being flat isn’t a crime—opening positions randomly is the mistake. If you haven’t boarded yet, don’t chase in this leg. Wait for the next round at a more comfortable level. Once the new structure forms, take a look again—there are still opportunities. Don’t rush.

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