ITD 0.00% 14.5¢ itl health group limited

upgrade, page-13

  1. 6 Posts.
    I love to see this thread enthusiastic about ITL's price move but it isnt just a matter of beating "restistance " levels etc a la technical analysis...In this stocks instance price movement seems all about 1 fundamentals and 1.decreasing product risk. 1. They have a good current revenue stream and they project good revenue growth going forward(as per their last ASX report /update) ...and 2. They now have no downside risk on "Platypus" patent infringements anymore after the announcement recently that the Upper Court in US (court of appeals) had upheld their lower court patent decision(ASX notification).

    I feel technical analysis is no value on a stock like this as any thinly traded stock has a higher chance of being manipulated.

    Fundamentals in this instance are king

    ............

    Merry Christmas
 
watchlist Created with Sketch. Add ITD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.