Buyers take charge and push price higher to trigger the entry level

APT has pushed higher to trigger the Buy Entry Level at 31.50 so the alert is now active. The Stop Loss is held at 28.50 and the current price is trading at 31.60.

Alert History

Original Buy Entry Alert 10/01/20

New Buy Entry Alert APT

Time Frame : Daily/Weekly

Sector : Software and Services

Key Stats : $7.97 Billion Market Cap, VWAP 30.80, ASX Ranking 67, 4 Week Av Turnover $32,198,241, Current Turnover (Intraday as at 1:15pm) $9,875,956.

Company Overview : Afterpay Limited (APT, formerly Afterpay Touch Group Limited) provides technology-driven payments solutions for consumers and businesses through its Afterpay and Pay Now services and businesses. Afterpay is driving retail innovation by allowing leading retailers to offer a ‘buy now, receive now, pay later’ service that does not require end-customers to enter into a traditional loan or pay any upfront fees or interest to Afterpay.

Broker Consensus : BUY

APT – Afterpay Limited

APT is coiled up and ready for a new push higher that we expect will be into new all time highs for the stock. We are now happy to buy on a push up through 31.50 with a Stop Loss at 28.50. If price falls below 28.50 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : APT – Afterpay Limited

Company Website : www.afterpaytouch.com

Current Price : 30.85

New Potential Buy Entry (Trigger Level) : 31.50

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 28.50

Status : On watch for Buy Entry Trigger