In our opinion one of the major keys to outperformance this year will be the ability to press the sell button and take profit, earlier we showed how a number of “hot stocks” like Xero (XRO) and Appen (APX) have corrected aggressively in 2021, another perfect example is arguably the hottest of them all Afterpay (APT) which has fallen over 27% in just a month. One of our positions that has moved nicely since we entered is VUK, although its upside momentum has slowed as the market struggles to punch above 6900, another 15% and this holding will be in our ideal profit taking area .
MM is bullish VUK targeting ~$4.
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