AETHER is forming triangle pattern

10 Sep 2022

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.