MRVL looking good ( chart )
- Thread starter NY_HOOD
- Start date
good chart with a confirmed breakout today on good volume too
VOLUME 5.38mil shares, +44.1% compared to typical volume of 3.73mil by 1:25 pm ET (15-20 min delayed).
Typical daily volume is 6.91mil shares over the past 6 months.
BREAKOUT CONFIRMED breakout above 13.28, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 14.22, 6.8% Stop: 12.9, Loss: 3.2%, Profit/Loss ratio: 2.1 : 1 - Fair
CURRENT PRICE 13.32, just above resistance, 13.07 ± 0.21, type single, strength 1
RESISTANCE ABOVE None.
SUPPORT BELOW -1.9% at 13.07 ± 0.21, type single, strength 1
-10.1% at 11.97 ± 0.19, type double, strength 2
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=MRVL
VOLUME 5.38mil shares, +44.1% compared to typical volume of 3.73mil by 1:25 pm ET (15-20 min delayed).
Typical daily volume is 6.91mil shares over the past 6 months.
BREAKOUT CONFIRMED breakout above 13.28, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 14.22, 6.8% Stop: 12.9, Loss: 3.2%, Profit/Loss ratio: 2.1 : 1 - Fair
CURRENT PRICE 13.32, just above resistance, 13.07 ± 0.21, type single, strength 1
RESISTANCE ABOVE None.
SUPPORT BELOW -1.9% at 13.07 ± 0.21, type single, strength 1
-10.1% at 11.97 ± 0.19, type double, strength 2
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=MRVL