MRVL - Breakout Falling Trend Channel

🔹MRVL has broken through the ceiling of a falling trend channel in the medium long term.
🔹MRVL has broken the resistance at 52.82 of a rectangle pattern, which signals a further rise.
🔹The short term momentum of the stock is strongly positive, with RSI above 70.
🔹Overall assessed as technically positive for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️