ASX:AEF   AUSTRALIAN ETHICAL INVESTMENT LIMITED
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AEF
- First time doing an analysis on AEF
- Has a good history of strong uptrends
- Looks to have a strong support at the short-term average but occasionally retraces all the way back to the mid-term support
- Recent price action looks to be a sideways consolidation instead of a retracement
- Another test of the short-term support will be good
- Successful rebound looks to be around 14.50 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
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