i have modified the first target on MKTX from a single line to a target zone, by adding an additional support line slightly above the original first target line. trading is all about being flexible and adaptable and upon studying the chart this morning, i noticed several prior gaps and reactions at that level. although [...]
here's the updated MKTX daily chart with targets. i just realized that the original daily chart did not list the targets, only the weekly target (for longer-term traders) was shown. original daily chart first, updated second.
i am posting MKTX as both a set-up and an active short (depending, of course, on an objective entry tomorrow since this post is after-hours). this is another one of the investment brokerage stocks that i've warned about recently. the sector continues to sell-off since my post on the sector last week and MKTX apparently [...]