MRVL

MRVK broke above its descending trend line some days ago and is now bouncing above the 50MA.
EV Is increasing, indicating that the stock will probably move higher.

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However, the stats do not look very encouraging. You will make money buying a breakout or a pullback to the 50MA, but the R/R is not compelling for any of these two settings.

[B]This is the main problem of this overbought environment[/B]: there are not many good settings to trade.
The best settings are all on the short side and nobody wants to be short this market.

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