Marvell Technology, Inc.

Long

MRVL showing some positive signs

By ChartsAvenue

Updated

- Bullish engulfing pattern (outside day)
- Bullish divergence (RSI)
- Bouncing on 200DMA
- Gap should provide additional support

Note

MRVL went up but not in a convincing manner and unable to reach previous highs...
If the bulls are in control, the $19.80 support area holds and the price breaks above $21.10...

Charts Avenue

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