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Analysis: #NASDAQ $MRVL

Case 445 #MarvellTechnologyGroup Ltd. - Revisited

Request by: @AliTheTrader; @Gambiste1

* personal comment to follow *

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#MRVL 1/4
Chart 1
Weekly Chart: May 2020 saw the close/hold above 2014 trendline #resistance, then the 2006 #pivot at 34.21 to record a new all time high. A close/hold above 39.58 target synthetic resistances at 42.14- 45.22 (in between sloping at .....

MRVL 2/4
..... 43.74). Immediate support is the 2014 #trendline at 30.50 with aggregated buy orders in 2 zones: 29.12- 27.93 and 26.36- 25.02.

MRVL 3/4
Read 5 tweets
Analysis: #NASDAQ $MRVL

Case 121 #Marvell Technology Group Ltd

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#MRVL 1/3
Chart 1
Monthly Chart: #Resistance levels remain in play but are steadily being eroded. A #channel has developed since 2017 but conditions remain choppy. A close above 31.90 will set sights on 36.84 - the all time high.

MRVL 2/3
Chart 2
Weekly Chart: The #Strategy is printed on the image.
Read 3 tweets

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