Get started
JVS_Signals

MKTX Bullish Scenario

Long
MarketAxess Holdings, Inc. (NASDAQ:MKTX)  
JVS_Signals  
NASDAQ:MKTX   MarketAxess Holdings, Inc.
Trend Analysis Wave Analysis Fundamental Analysis MKTX mktxlong mktxlongsignal Stocks stockstobuy elliotwaveanalysis Fibonacci Retracement priceaction
3
0
trendanalysis waveanalysis fundamental mktx mktxlong mktxlongsignal stocks stockstobuy elliotwaveanalysis fibonacciretracement priceaction
MKTX Signal
  • Entry - $280
  • Target 1 - $368
  • Target 2 - $422
  • Invalidation - $254
  • Risk to reward ratio - 5.2
Technical confirmations
  • We think that price just finished impulsive part of Elliot Wave analysis and now should make a correction upwards.
  • There is huge increase in volume at the bottom now.
  • The main target is set to 0.5 Fib zone and also there we can spot a liquidity zone so it makes sense for the price to climb to $422.
Fundamental confirmations
Why should price reach Target level?
  • P/E ratio 42% shows that investors forecast big growth for this company.
  • Debt to equity ratio: <1 (Stable company).
  • CNN price targets: min $300, medium $370 high $460.
  • Zacks verdict A on companies growth ratio.
  • MKTX ROE and ROA ratios are above industry average.
  • Q1 results came positive and shows growth.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.