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$MRVL Flag ! Possible Breakout Long

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NASDAQ:MRVL   Marvell Technology, Inc.
On Friday, July 7th, 2023, the stock price of Marvell Technology experienced a gain of 0.561%. It started the day at $58.82 and closed at $59.15. Throughout the trading day, the stock fluctuated by 2.17%, reaching a low of $58.98 and a high of $60.26.

Analyzing the past 10 days, the stock price has fallen in 6 of those days. However, despite these fluctuations, it has managed to stay slightly positive with a 0.05% increase over the past 2 weeks.

During the last trading day, the volume of shares traded decreased by 1 million shares. In total, 9 million shares were bought and sold, amounting to approximately $528.72 million in transactions.

It is important to note that a decrease in volume accompanied by higher prices can indicate divergence and potentially signal forthcoming changes in the following days.

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