samplespaz

AETHER is forming triangle pattern

NSE:AETHER   AETHER INDUSTRIES LTD
AETHER small cap scrip is forming triangle pattern.
Revenue and income is consistently growing.
Dept to ratio of 0.38 might be a concern, but its actually reduced from 0.61 in 2018, which is a good sign.
But PE ratio is high compared to its peers and sector PE.

Its good enough to enter in 840 to 920 range, and enter more on breakout.

Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。