BY LICIA LESLIE
October 31, 2025
Hello,
Charles Here.
While I never really considered myself a fan of Star Trek, there are some great quotes that apply perfectly to this moment.
It was Jean-Luc Piccard who said, “It is possible to commit no mistakes and still lose. That is not weakness. It is life.”
That applies perfectly to one of the stocks that Licia considers her “ugly pumpkin.”
It is a technology company that excels at everything it does. Yet, that doesn’t mean its shares can climb with no end in sight. Licia will show you the technical indicators that predict a drop in its fortunes.
Licia will also share a tech company that is her “darling.”
The chart looks great. And all indications are for higher levels from here.
Let’s see what Licia has to say…
Hi Traders,
Both of my stocks are in the Electronic Technology/Semiconductor sector this week.
My darling stock specializes in data infrastructure solutions, including system-on-a-chip architectures, Ethernet solutions, processors, and interconnect products for data centers, enterprise networking, carrier infrastructure, and more.
It competes with companies like Broadcom (AVGO) and serves major clients like Amazon (AMZN) and Microsoft (MSFT), with a strong focus on AI-driven chip demand – which is absolutely huge right now.
Any guesses?
Drumroll please … My FAVORITE stock this week is Marvell Technology (MRVL).
Check out this absolute beauty of a chart:
The stock held the pitchfork support PERFECTLY with a gorgeous doji and has now closed above the 50 =-day moving average AND my pitchfork median line!
This stock is going to $94.56 and then on to $98.08.
My pumpkin stock this week is a leading semiconductor and software design company, best known for developing energy-efficient processor architectures that power over 99% of the world’s smartphones, as well as devices in automotive, IoT, data centers, and AI applications.
ARM Holdings (ARM) has PERFECTLY honored my resistance level at $183.59 and reversed making it an excellent candidate for a put purchase:
The first level of support is at the 21 day moving average at $164.17 and below there we’re looking at $155.35.
Both ARM and Marvell operate fabless models meaning they design and sell chips but do NOT own the manufacturing facilities – known as fabs or foundries.
ARM licenses its IP to chipmakers like Apple (AAPL), Qualcomm (QCOM), and Samsung while Marvell uses TSMC.
Same businesses but different short term outlooks. And that is what makes this one so EXCITING!
Trade Accordingly,
Licia Leslie
I hope you’ve followed the plays Licia has shared over the last few weeks. While we haven’t seen them get chosen as the Ticker Highlight Shows play of the week, they have one well regardless.
When used properly, technical analysis gives you great low-risk entries to play a chart pattern. If it’s wrong, you get out risking as little as possible. But if it’s right… you make a pretty penny.
Will the gang choose one of her plays this Monday?
Tune in Monday at 10 a.m. to find out.
Tap here to join State of the Markets and get a reminder on Monday morning.
Have a great week,
Charles Delvalle
Managing Editor
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