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QTRH / QTRHF: Very Long Term Trend
QUARTERHILL INC
QTRH / QTRHF: Very Long Term Trend
By no1stockpicker
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Jan 23, 2021
1
Jan 23, 2021
Again, really great feedback from the community. Baseline formed is parallel to previous cycle tops.
Drawing the trend lines provides a $15 Long Term Price Target.
Fundamentally, this would imply a Billion in licensing and buying ITS companies that produces a 100M earnings firm at a 15X P/E. That is possible.
The current Apple judgment could be worth hundreds of millions on its own.
Chart Patterns
Technical Indicators
Trend Analysis
no1stockpicker
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