Can these ASX IT shares carry their momentum into 2021?

If you’re an investor looking for momentum going into the new year, you may be eyeing off shares in the S&P/ASX All Technology Index (ASX: XTX).

The sector has gained positive momentum as we count down the final days of 2020, with the All Tech Index rising by 8% in December. 

Information technology (IT) shares have, in general, been the major winners in the pandemic – as people and businesses increasingly moved online due to coronavirus restrictions.

The sector includes some of the market’s biggest names, including Afterpay Ltd (ASX: APT), which has increased by 15% this month alone.

Given an effective vaccine and full reopening could be around the corner however, can this sector keep up its momentum in 2021?

We take a look…