Shawn’s Trade Idea: Buy Betashares S&P/ASX Australian Technology ETF (ASX: ATEC) at $18.40

It would have been easy this week to stand on the sidelines but instead we’ve laid a trap per se, in line with our view that the “AI Disruption” trade is going too far but downside momentum remains – note we may pay up if not filled early this week.

• We believe the risk/reward will towards ATEC ETF is very attractive if it hits new 2026 lows, targeting the $23-25 area.