Broke AF? Bet on Afterpay
Updated
After getting hammerd in the media Afterpay's price has taken a tumble.
However todays Q3 FY18 market update showed some solid figures most notably sales up 400% for the first three quarters of FY18 compared with the first three quarters of FY17. Also plans for expantion to US around the courner.
I may be going for the falling knife here but I think APTs luck has turned around.
Im expecting resumption of the same trend. Tight stop set below support level.
However todays Q3 FY18 market update showed some solid figures most notably sales up 400% for the first three quarters of FY18 compared with the first three quarters of FY17. Also plans for expantion to US around the courner.
I may be going for the falling knife here but I think APTs luck has turned around.
Im expecting resumption of the same trend. Tight stop set below support level.
Note
I'm still hanging in on this one. 5% swings, its a rollercoaster.
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