Afterpay continues to dominate the market news as the volatility in the BNPL space magnifies even the most dramatic sector moves. Over the last 4-weeks APT has corrected 26% into our identified major technical support area, from a risk / reward perspective we are now bullish APT which coincides with our short-term positive outlook for the IT Sector – that’s a contrarian Friday call for you as many in the office talk about going to cash!
From a risk/reward perspective, we are now bullish APT around $118
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