Friday, April 18, 2008

MRVL Stuck in a Triangle



A few weeks ago I posted a chart of MRVL in a triangle. MRVL started to break out to the downside last week, but managed to recover (see "BEAR TRAP" on the chart). Today it made a run at the top of the triangle, but couldn't break through. The noose is tightening - we will soon witness the outcome.


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