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MRVL

$MRVL Pennant Breakout Long$MRVL Pennant Breakout Long $MRVL displayed a strong reversal on August 21st & 22nd which saw it retake its channel/large bull flag that began early June. After retaking its channel last week of August, $MRVL made new highs at $41.34 and since then has consolidated in a large pennant structure. I am looking for a complete retracement of the structure to retest previous highs and ultimately make new highs. On 5min time frame I am looking for breakout above $38 which is recent trend line resistance BTO $MRVL 10/2 $39c avg $.40
NASDAQ:MRVLLong
by UnknownUnicorn7308096
2
$MRVL on Long Bullish Trend + Future Growth Potential!Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions showed a breakout on a long term bullish trend technically. At a current price of $32.98 per share, if we assess whether it is undervalued stock with future growth, its current EV/EBITDA (TTM) is 56 with FWD EV/EBITDA at 28.71 which is tempting to buy with bullish future outlook, especially 2021-2022 on Nokia and Marvell's partnership on Silicon Technology for 5G, Marvell's Collaboration with Foxconn-Ingrasys, Accton and KIOXIA to Accelerate End-to-End Ethernet Storage Adoption, Marvell and Samsung Partnership to drive Innovation in a New Generation of 5G Infrastructure Products (Long-term Collaboration Targets A Growing Ecosystem of 5G Applications). It is a Strong Buy recommendation and overall consensus based on 21 analysts for $MRVL in the last 3 months. If you are interested to buy at a lower level, you may check the support level in the chart. I foresee a 3X potential growth of the stock! Note: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
NASDAQ:MRVLLong
by EAForexGlobal
2
I Could've Risked Less And Made MORE! (what?) - 06/08/20 RECAPHi traders, Starting the week in slight green, which is nice! However, in my (only) MRVL trade I played it "safe" again with distant SL and it actually cost me money! Had I had it closer, my target would've been also closer and I'd walked away with +2%! Anyways... Trades: 1) MRVL - SHORT @35.19, +1.14% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: +1.14% Total PnL for the week: +1.14% Good trades, Tom | FINEIGHT
NASDAQ:MRVL
by Fineight