IPH 40% move coming?IPH has recently emerged from a descending wedge pattern, supported by bullish divergences in both the RSI and OBV, along with several divergences observed in shorter time frames. A pullback to the $5 level is anticipated, as the stock appears weaker on these smaller time frames. If IPH can maintain its position above the recent low of $4.40, it will indicate a structural shift, establishing higher highs and higher lows. My initial target is in the $6.50 range, followed by a potential move just above $7, representing a 40% increase. Good luck and happy trading 🍀
IPH trade ideas
$IPH $IPH.ASX got more room for move up$IPH $IPH.ASX got more room to push up
IPH LIMITED details -Bottom triangle is shaped
Provision of intellectual property services.
Directors/Senior management
Mr Richard Grellman Non Exec. Chairman
Dr Andrew Nathaniel Blattman Managing Director
Mr John Atkin Non Exec. Director
Ms Robin Low Non Exec. Director
IPH Limited - IPH The price advanced to a sixteen months highThe share price advanced to a sixteen months high since the stock traded as high as $6.02 in November 2017.
The prediction share price target 10.44 per cent to $6.93 or 15.19 per cent to $7.28.
Business Summary.
IPH Limited is a holding company.
The Company offers a range of intellectual property (IP) services and products to a client base of Fortune Global 500 companies, multinationals, public sector research organizations, small and medium-sized enterprises (SMEs) and professional services firms around the world.
The Company operates through the segments, including Intellectual Property Services Australia, Intellectual Property Services Asia, and Data and Analytics Software.
The Company's Intellectual Property Services Australia segment is engaged in providing filing, prosecution, enforcement and management of patents, designs, trademarks and other IP in Australia.
The Company's Intellectual Property Services Asia segment is engaged in providing filing, prosecution, enforcement and management of patents, designs, trademarks and other IP in Asia. The Company's Data and Analytics Software segment develops and provides IP data and analytics software under a subscription license model.