Marvell Technology (MRVL) has broken out above its January peak, so this is a good time to review the charts and indicators.
We last reviewed MRVL on June 8, when we wrote, "MRVL is moving in the right direction. Aggressive traders could add to longs. Raise stop protection to $45 from $40. After $54 the $64 area and then the $83 area are our price targets."