Technical Analysis: MARKETAXESS HOLDINGS INC. (MKTX)

MarketAxess Holdings (#MKTX) is an international financial technology company that operates an electronic trading platform for the institutional credit markets, and also provides market data and post-trade services.

From a technical standpoint, we believe #MKTX could offer a good risk/reward ratio despite the bearish trend

• From November 2020, bearish trend

• On the 12 May, the stock reversed from a strong support level at $434.50

• MACD looking to cross over

• RSI recently left the oversold territory

Entry price at $ 447.18

Target at $ 490.00

Stop loss $ 430.00

OTB Global investments

17 May 2021