Trade Management

Current Open Alert

AFY – Afterpay Holdings Limited

Stock : AFY – Afterpay Holdings Limited

Current Price : In suspension. Will Trade under stock code APT after merger with TCH.

Previous Buy Entry (Trigger Level) : 2.55

Sell Exit Zone (Stop Loss) : 2.50

Status : On watch for continuation

Company News : https://www.afterpay.com.au/announcements/

AFY has halted trading under stock code AFY. They have opened today under code APT on a deferred basis and existing holders of AFY will receive APT on a 1 for 1 basis. For more information go to the above website. We are now watching APT and will look to hold the risk at a similar as before but will watch when trading kicks off.

ORIGINAL ALERT 4/5/17

Stock : AFY – Afterpay Holdings Limited

Current Price : 2.44

Potential Buy Entry (Trigger Level) : 2.55

Potential Sell Exit Zone (Stop Loss) : 2.25

Status : On watch for buy entry trigger

AFY is holding minor higher lows and looks strong. Price washed out previous lows at 2.00 and then pushed up through a minor lower high at 2.35. AFY has been holding the 2.40 zone and looks set to kick up through 2.55 to 3.00 and higher. We are now watching for the buy entry trigger at 2.55 but if prices head down below 2.25 prior to entry, then we will re-assess the price action and entry.