MM is currently long Seek (SEK) and REA Group (REA) looking for a recovery in tech stocks, both of which are looking ok however another play on a similar theme would have been CAR which rallied +1.6% yesterday, it looks very capable of testing its 2021 all-time high.
- We like the current risk/reward on CAR initially targeting a test of $24.50
MM is bullish CAR around $23
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