MRVL has run over 2 bucks since I recommended as a buy at 16 bucks. Now, I think is a good time to take the position off and let things settle down a bit in this name. Taking profits is not a bad thing here. A quick pop happened, this stock needs a little time to rest.
NMX is coming down to support at 118. I would start looking to buy at 119ish for this stock as I do not think it will put in a bottom before then. Upside is around 136/137 mark making this stock a very decent trade coming up.
CTXS is coming down also to support on its 200 sma at 31.40. It should be there soon and I believe it is a buy at that level.
JSDA was levelled last week and has been coming down off it's all time high at 32.50ish made in April. Now it is at around 22.50 and will soon find support on its 50 sma at 21.30. This stock has been hot to the touch for the last, well since forever, and I believe you will see a bounce off that average. Of course as always be very wary under the 50 sma and keep a close stop loss.
That's all for now.
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