Marvell shares drop
Monday, July 23, 2007
Chart courtesy of stockcharts

Marvell shares were down nearly 2% in a bad day stock even after said Monday that the Nasdaq Stock Market has determined the company is compliant with the exchange's listing rules based on recent regulatory filings. Looking at the daily chart stock is trading in a clear uptrend as show the channel printed in the chart. Indicators still in Bullish areas with no sign of weakness, however pay attention for potential breakdown of the trend below is stock close below 19.25$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 3:53 PM | Permalink


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