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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Industrials Engineering & Construction
Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Aecon Group Inc > Technical analysis on Aecon - enjoy the video
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Comment by Ronbromleygrosson Aug 20, 2024 12:43am
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Post# 36187186

RE:Technical analysis on Aecon - enjoy the video

RE:Technical analysis on Aecon - enjoy the video

OMG- that's insane on his chart analysis!  Or is it?  

Breakout at $24 then we move quick to $77.  Break $77 then we move to $258 and followed by around $450?  

How reliable are those technical chartist guys?

I have no worries about that $8 support he was talking about because that is history and we will never go there again.  

The beauty of having consolidated at the $8 range for several years now means we have indeed broken out of that resistance line.  But the upper targets he has on the video and reaching those targets in the next few years like he says???

If it's true then msny invested here will be set for life!!

Ron

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