TAKE PROFITS ON MARVELL TECHNOLOGY AND EXIT THE POSITION

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The semiconductor company Marvell Technology Group (MRVL) was bought at $35.33 eight trading days ago.  Partial profits have already been taken.

MRVL traded as high as $45.82 on Friday.  The low band of the medium-term target was $46.  Since the gains happened in a very short time, consider taking profits in the zone of $42.75 to $46 and exit the position.

Consider entering it again if it dips into the buy zone.

This post was just published on ZYX Buy Change Alert.

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