New York, NY -- (ReleaseWire) -- 01/15/2013 --Marvell Technology Group (NASDAQ: MRVL) shows neutral trend as the stock made a sharp movement in its latest trading session. It opened the session at $8.56 and remained in $8.39 and $8.76 price range during the session. The stock closed 1.37 percent higher at $8.74. Marvell Technology’s first resistance level is at $8.89. Upon breaching this level, the stock may touch $9.39. On the downside, its first support level is at $8.16.
Marvell Technology deals in microprocessor integrated circuits and digital signal processors. The company is operational globally including countries like Italy, Germany and Singapore. Marvell Technology is based out of Bermuda and was formed in 1995.
Find out if MRVL could maintain the momentum by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=MRVL
Halozyme Therapeutics, Inc. (NASDAQ: HALO). Analyst Jim Birchenough upgraded the stock to "Outperform" from "Market Perform" and tripled his price target on the stock to $12. He is optimistic that European Union regulators will issue a favorable opinion about the company's version of the cancer drug Herceptin during the first quarter. Halozyme Therapeutics, Inc. is a biopharmaceutical company developing and commercializing products that advance patient care.
The Company’s research focuses on targeting the extracellular matrix an area outside the cell that provides structural support in tissues and orchestrates many important biological activities, including cell migration, signaling and survival.
Find out where HALO could be headed by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=HALO
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains. WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetScoop.net
Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.
Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
Wall Street Scoop