Opinion on  Marvell Technology Group Ltd (MRVL)     Sector: Technology  >  Industry: Semiconductors
a favor for a friend

A friend asked me to review MRVL for him, so here it is. MRVL is a great company as Cramer has mentioned below, but for the current phase in the markets, i feel that MRVL will be weak with the rest of the tech sector. currently downtrending with the rest of the markets. I'd say if economic reports come out more positive, tech earnings is positive with good guidance, and investors gain more confidence, MRVL will be a good pick by the end of the week. however, if the markets fall further tomorrow morning... MRVL's downtrending line will turn into an even steeper one as it breaks through the lower line. i would not recommend buying this stock to be in a long position at this time.



Happy Trading

-zrvs