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0.67% $5.99 iph limited

IPH Australian Patent Trending Down, page-3

  1. mdesai
    456 Posts.
    lightbulb Created with Sketch. 469
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    09/01/21
    21:21
    Post #: 50059642
    Fundamentally this is still overvalued given headwinds from declining patent market share and higher AUD.
    Technically once IPH falls below $6-6.10, has very weak support till $5.25.

    I will monitor for $5.50 breach.
    https://hotcopper.com.au/data/attachments/2793/2793867-6ded520a5aef90ffe9156569e26e57b8.jpg
    IPH Price at posting: $6.16 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch. 3  Great analysis
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