We remain keen buyers of weakness in global software stocks into new 2026 lows, at this stage we’ve selected WTC for a Trade, although note we have lowered our entry slightly after Richard White & Co garnered further negative press over the last 48 hours.
- We believe the “washout” in the ASX software stocks we’ve been targeting is likely this week and will deliver some excellent risk/reward buying opportunities.
Trade Idea: Buy WiseTech Global (WTC) at $39.50 with stops at $36.80, around 7% risk
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