$Marvell Technology(MRVL)$ Not done yet. After pulling back from the June high of $330, the stock held the 50% Fibonacci retracement level at $203 in early August, a key test that passed. It has been climbing back steadily since, now trading just above the 38.2% level at $233. Stochastics just crossed out of oversold territory, a momentum signal on a name that already has a proven uptrend structure. The EMA(200) is still rising and well below current price, confirming the longer-term trend is intact. Levels to watch from here: $330 is the prior high and the obvious first target. If it clears that, the Fibonacci extension puts $400 on the table. Room to run.
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