Marvell Technology: model coverage closed, trend loses speed but holds

Marvell Technology is in week 17 of an open buy trade, up 173.85% from entry. All 3 targets of our most advanced model have already been hit and coverage is complete: residual capital continues with a trailing stop on the Inversion Point, in the 247.6 area. On the technical side, the week just closed marks the first real cooling of momentum after weeks of strong push.