ubs upgrades apx, page-234

I've traded APX a number of times since the March capitulation, but unfortunately got out completely in the mid 30s. It is one of my go to stocks on the ASX for trading. But just feel it and so many other stocks have just moved too far from trend lines at the moment. There is definitely a sense of FOMO in the market, especially in the tech space. Don't get me wrong, APX is a quality company. Also have the currency headwinds which have me hesitant to dive in again at these levels. Will see what the results and outlook hold and go from there. Would like to open up another position in the mid 30s given the chance, around the 50 day MA. Good luck to holders.