Marvell Tech Stock Chart
By Steve Abraham on Apr 26, 2007
Marvell Tech looks like it is bottoming and may be a low risk purchase around the $16 level. No, it isn’t a Google or an Apple but there may be some value at current prices. Technically, the stock has gotten crushed over last several months. However, the MACD is tracing a higher bullish read with the 3rd or 4th test of lower prices. Marvel also has some ties to Apple’s new products. We all know what Apple is capable of. I say keep an eye on Marvel for a least a few weeks.
This entry was posted on Thursday, April 26th, 2007 at 12:11 pm and is filed under Annotated Analysis.
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MARVELL STOCK is continuing to make a bottom at this price. how are thye longterm compard to INTEL stock?