Is MRVL overextended ? SHORT

3월 4일MRVL on the 60 minute chart certainly had an impressive run for two days gaining 16%.

The chart however shows the bullish candles are decreasing in range and price is more than

two standard deviations above the mean VWAP and far outside the high volume area of

the volume profile. Bullish volatility fell to close the trading week on Friday afternoon.

My trade plan is to watch MRVL for consolidation and then a retracement of its bullish

move. A cross of the faster green RSI down under the slower red RSI will be the bearish

divergence to be seen to consider MRVL for a short trade.

3월 5일

코멘트

MRVL continued higher today. Still watching.

3월 6일

액티브 트레이드

MRVL sideways. Holding and watching.

3월 8일

액티브 트레이드

MRVL moved well today 50% of the long position closed. Will hold the remaining
runners past the weekend.

3월 8일

액티브 트레이드

Got out before the correction after- hours. Either good luck or good instinct for risk
manaegment. Will observe price action tomorrow for possible partial add back.