MRVL- Idea for a quick 13%-32% trade with great R/R

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MRVL- Idea for a quick 13%-32% trade with great R/RMarvell Technology, Inc.BATS:MRVLArthurshMRVL has been one of the strongest performers in this market, rallying more than 220% over the last 3 months. Despite the massive move, I believe the stock still have gas in the tank to continue. Over the past two weeks, price has been consolidating inside a symmetrical triangle, building a potential continuation setup. On Thursday, MRVL attempted to break above the key breakout level at $316.92, heavy selling pressure during the final 15 minutes of the session pushed the price back below this important key point. Using the classic symmetrical triangle measuring method (connecting the first high to the first low, and the second high to the second low), the potential targets are: 🎯 Target 1: $359.31 (+13.4%) 🎯 Target 2: $418.25 (+32%) Trade Plan The setup is attractive, but the breakout confirmation is the most important piece. The key level to watch is $316.92. A convincing breakout and hold above this level would be my trigger to consider a long position either as a day trade or a swing trade depending on how the breakout develops. Risk management: 🛑 Stop-loss: $307.92 Risk/Reward: • Target 1: 4.64 R/R • Target 2: 11 R/R