Traders should now look for long-biased trades in BRCM as long as it's trending above today's low of $34.43, and then once it sustains a move or close above those breakout levels with volume that hits near or above 7.49 million shares. If that breakout triggers soon, then BRCM will set up to re-test or possibly take out its next major overhead resistance levels at $36.76 to $39.17.
MarketAxess ( MKTX) operates an electronic trading platform for corporate bonds and certain other types of fixed-income instruments. This stock is trading up 3.8% at $41.51 in recent trading.
Today's Volume: 407,000
Average Volume: 317,792
Volume % Change: 104%
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