MM has been bullish on Australian tech over recent weeks and WTC keeps delivering, it rallied another +7.2% yesterday taking its bounce from mid-June to almost 40%. Technically the stock looks great and although it’s far from cheap we believe it will continue to lead the tech Sector higher into August with another 10-15% upside feeling likely sooner rather than later.
- WTC looks destined to test and break above $50 over the coming weeks.