Back above the 20 and 50 SMA this week. $23 hasn't been touched in 3 weeks, acted as a good invisible support.
MACD crossing back to positive today.
The other 4 members of WAAAX all reached new highs today (no joke) so I'd be worried if APT was not also moving up.
Buy-sell depth has been skewed to sell lately, which tells me there's been a lot of off-screen buying occuring to keep it up. Retail typically places limit orders, sophisticated investors & instos likely to load up/offload effectively with market orders. Why show your opponents your hand?
Last year the rise to $23 on 24/8 began on 13th August at around $14.50, let's see what happens this year. I don't think we'll see quite the same upward volatility now that we're a fair bit larger and in the ASX100, but I can see some good action coming up.
When Canada? Double Australia's ecommerce market, easy to start-up using existing US merchant connections: Forever 21, Urban group, DSW, Mac, Revolve, Boohoo etc.
Sezzle officially launched in Canada, Afterpay still getting more search traffic there apparently..
APT Price at posting:
$25.93 Sentiment: Buy Disclosure: Held
