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  • $MRVL Confirmed Breakout Above 11.02 0 comments
    May 13, 2013 12:55 PM | about stocks: MRVL

    Breakout Details

    BREAKOUT CONFIRMED breakout above 11.02, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 12, 7.4% Stop: 10.83, Loss: 3%, Profit/Loss ratio: 2.5 : 1 - Good

    Support and Resistance

    CURRENT PRICE 11.17, just above resistance, 10.81 ± 0.21, type triple, strength 3

    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.2% at 10.81 ± 0.21, type triple, strength 3
    -7% at 10.39 ± 0.2, type double, strength 3

    (click to enlarge)MRVL stock chart

    Source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=MRVL

    Stocks: MRVL
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