Marvell Technology Inc (MRVL)

[sungolfer]

These are a couple of posts i sent out on how i trade in the past.Seems to me my system works.But we all know noting is 100% Posted by: sungolfer
In reply to: SyndicateTwo who wrote msg# 5288 Date:6/2/2007 4:24:40 PM
Post #of 17905

S2 i think we will see MRVL 20+ by end of month.Why bounce off positive doji, remember i said to buy THURSDAY.Next stock above 5ema always moves north.Possible "three white solider" as no one wants to be left behind.Once the MACD goes positive which it is very close to again pushes stock north.Next once 5ema moves up through 20 sma and they move through 50 sma all result in stock going north.I have found in a lot of stocks most times poitive news comes out once a stock is aligned in order of 5EMA ,20SMA ,50SMA 200SMA.If MRVL comes out with statement after this has happened we will see a additional 3 to 4 dollar gap up.Why this year the gaps have been very strong.So we may see that 24 to 25 sooner than people think.IF WE ARE GOING TO 30 TO 35 BY YEARS END IT NEEDS TO MOVE NOW.
Posted by: sungolfer
In reply to: cbs13 who wrote msg# 6069 Date:6/21/2007 5:23:54 PM
Post #of 17905

What I see is a positive MACD.With the for indicators i use 5 EMA,20 SMA 50 SMA AND 200 SMA.Whenever they cross each other,interest builds,which relates to increased buying,or selling.I use the 5ema as support and resistance.Thats it.I use the same indicators for swing trades or daytrades.I will tell you my success rate runs at 92%.I have used around 20 different sites on over the years and with all there methods,they haven't come close.They all have there systems,problem is,like I said in the past this is a game,KISS.
IF YOU USE THESE INDICATORS ON ANY STOCK YOU'LL LEARN HOW TO READ THEM.YOU WILL SEE THAT IT IS VERY EFFECTIVE.