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
Comments