Afterpay Touch Group (APT)

Discussion in 'Stocks & Derivatives' started by scott_reeve, Jul 22, 2018.

  1. scott_reeve

    scott_reeve Active Member

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    A noteable big mover last week, but Friday's close signals short-term caution.

    Daily:
    [​IMG]

    Weekly:
    [​IMG]
     
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  2. scott_reeve

    scott_reeve Active Member

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  3. scott_reeve

    scott_reeve Active Member

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    APT update
    [​IMG]
     
  4. scott_reeve

    scott_reeve Active Member

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    APT update:
    [​IMG]
    [​IMG]
     
  5. scott_reeve

    scott_reeve Active Member

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    APT broke through $20 Resistance a few weeks back and making more new all time highs:

    [​IMG]
     
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  6. scott_reeve

    scott_reeve Active Member

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    APT looks to have made its high for now:
    [​IMG]
     
  7. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    I got in at the IPO, but thinking I’ll be selling out by end of the year.
    A great run but they will be regulated soon, and then they will be whacked
     
  8. silver kooka

    silver kooka Active Member

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    If their growth in USA and UK continues will any RBA regulation in Australia have any bearing on the overseas business?
     
  9. scott_reeve

    scott_reeve Active Member

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    APT chart update. Still holding within the channel (for now):
    [​IMG]
     
  10. Jason1

    Jason1 Well-Known Member

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    My concern with after pay is they are handing out credit left right and center. It smells of sub prime loans, Just wonder what happens when to many of their customers default.
    I know of people getting loans who are at best only work 12 hours a week, with half a dozan purchases they owe money for.
    That is definitional of sub prime lending and we all know how that usually ends up.
     
    Last edited: Mar 8, 2020
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  11. heartastack

    heartastack Well-Known Member Silver Stacker

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    I was talking about how predatory this stock was to some people I know that own it, and then realised they were all rich and Jewish
     
  12. scott_reeve

    scott_reeve Active Member

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    Currently -38% today to $12.04.

    A bit over a week ago, APT chart was holding up quite well compared to the broader market.

    Just goes to show that most Support lines on the charts mean Zero in the current environment.

    I suspect there are a lot of APT holders that bought sub $10, are now panic selling to lock in whatever profit is left.
     
  13. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Im out today.... It's been a great run LOL $5,000 investment made a motza
     
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