APT 0.00% $66.47 afterpay limited

UBS Sell and $17 target!, page-537

  1. 2,238 Posts.
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    "Yeah UBS have been playing shenanigans on A2M for the best part of a year now - if the old adage resistance once broken becomes support is to play out here then APT should find some support around this level as it was the old double top resistance as highlighted below"

    It will be interesting to see how this plays out in the near future as to whether it will be a "dead cat bounce," a rally from support or a falling piano. Which ever way it goes I would be most surprised if UBS is not in the woodwork there somewhere.

    Interesting sideline on UBS
    Guess they might be copping a bit of their own! biggrin.png but, have since recovered a bit as a result of some propping up from Asian wealth

    "Aug 14, 2019 - And yet, UBS seems under attack – there is little other explanation for Wednesday's tumble (at 16:23 CET, the stock traded 4.2 percent lower at 9.88 francs). The normally well-informed «Cash Insider» (in German) reported on Tuesday that the bank is in the crosshairs of short-sellers, citing dealing room sources.


    https://www.finews.com/news/english-news/37606-ubs-share-price-resistance-sergio-ermotti
 
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