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.
