AFTERPAY ($APT) looking for a long here @ $10.89 small entry and scale in with a much larger $10.37. Stop loss ~$9.52
Below is me droning on for 10 minute about the TA + FA together, namely focusing on $1.3bn assets, $850m equity and $320m gross profit when the market cap will be around $3bn @ ~$10.50 ish. The huge ~35% sell off may cause some wild volatiltiy on the open. Stop loss should be wide enough to mitigate that. Targeting $17.40 which is the 61.8% fib.
Seems ambitious of a target right now on the charts, but I keep looking at the market cap and the financial documents. It seems rationally within reach when it's all put together. Question I have is, how long will it take? Likely not a day trade but a STT.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 16 Mar
Short Term Trading Week Starting: 16 Mar, page-90
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online