APT 0.00% $66.47 afterpay limited

Sitting on that green trend line connecting the two recent...

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    Sitting on that green trend line connecting the two recent peaks. However APT was mired by the sell-off in Feb so if you discount that, the blue trend line would indicate next trend resistance at $48.

    RSI showing overbought but Afterpay has kept moving up with these levels in the past.


    https://hotcopper.com.au/data/attachments/2155/2155095-6604bb3b131ae41c151279cbecde17f5.jpg


    In terms of tomorrow it will depend a lot on how US markets go overnight. There was a big drop in the S&P last night towards the close which probably caused the initial sell-off on APT today. Since the US market closed, futures have been going up. See hourly chart below.

    https://hotcopper.com.au/data/attachments/2155/2155099-eef7f4bae04b9a31758e45e4ab4c67d5.jpg



 
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