AECI LIMITED

$JSEAFE - AECI Ltd: A Six Year Contracting Triangle

36
First time coverage

AECI stock has done very little except to consolidate since 2018.
The consolidation is in a textbook contracting triangle which is very close to its apex; such triangles tend to breakout aggressively but one can never be certain in which direction.

I will sit on my hands for now and let price lead the way.

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