3 Daily Pivot Breakouts on September 18, 2026: MRVL, ARM, and COHR

Last week, $MRVL, $ARM, and $COHR all had daily pivot breakouts right near their 30-week SMAs, which is the best of both worlds. Strong momentum breakout + not too far extended in their stage 2 rallies. Plus all of these stocks are part of the AI theme, and if it gets another leg higher these can be great R:R opportunities. So let’s check them out.

3 Daily Pivot Breakouts on September 18, 2026

• MRVL: Marvell Technology, Inc., custom silicon and AI data-center networking
• ARM: Arm Holdings plc, semiconductor IP
• COHR: Coherent Corp., optical communications and AI infrastructure

MRVL: Marvell Technology, Inc.

• Daily Pivot breakout on September 18, 2026: Marvell sits at the center of the custom silicon buildout, supplying ASICs for hyperscalers such as Google and Amazon while also serving AI data-center networking. Revenue accelerated every quarter in 2026, and EPS grew 40% year over year in the latest results.
• Bull case: The custom ASIC market could exceed $100 billion as hyperscalers build more of their own AI hardware. Consistent earnings beats and institutional buying give Marvell a strong fundamental backdrop if AI infrastructure spending stays elevated.
• Bear case: Expectations are high, and Marvell remains exposed to the semiconductor cycle. A pullback in hyperscaler capital spending would directly pressure demand for its custom silicon and networking products.

ARM: Arm Holdings plc

• Daily Pivot breakout on September 18, 2026: Arm is the IP backbone behind AI edge chips, smartphones, and data-center acceleration, with royalties tied to products from Apple, NVIDIA, Qualcomm, and custom ASIC designers. EPS has grown consistently and surprised to the upside in every quarter of 2026.
• Bull case: Arm’s royalty model scales as AI adoption spreads across more chips and devices, giving the company a multi-year compounding growth opportunity. Its position across the AI ecosystem and strong institutional backing make it a direct way to participate in that expansion.
• Bear case: The valuation is not cheap, and recent downgrades from New Street and HSBC highlight geopolitical and China-related risks. If AI chip demand slows, royalty growth could decelerate quickly while the premium valuation leaves less room for disappointment.

COHR: Coherent Corp.

• Daily Pivot breakout on September 18, 2026: Coherent supplies the high-speed optical transceivers that connect hyperscale AI data centers, making it a pick-and-shovel play on the growth of AI bandwidth. Revenue grew 34% year over year and EPS rose 74% year over year in its latest reported Q4 results, with a consistent record of earnings beats.
• Bull case: As AI clusters grow, the amount of data moving between servers grows with them, which supports demand for faster optical interconnects. Coherent combines that infrastructure exposure with accelerating fundamentals and support from growth-focused funds.
• Bear case: Coherent has already made a significant move year to date, and some analysts remain cautious. Competition from custom silicon and a slowdown in NVIDIA or hyperscaler capital spending could pressure the optical growth story.

How to Get These Scan Results and Track Your Performance

These are just 3 of the breakouts captured from the Financial Tech Wiz Daily Pivot Breakout tools on September 18, 2026.

All of this is market commentary and not financial advice. To learn more about the Daily Pivot Breakout indicators, scanners, and strategy, view the custom trading tools guide. You can also view the backtest results of the strategies on the public Financial Tech Wiz Journal Leaderboard, and users of the journal can submit their own there as well.