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no1stockpicker
Jan 7, 2021 2:29 AM

QTRH / QTRHF - breakout idea Long

QUARTERHILL INCTSX

Description

Technically, Broke out of bottoming channel. Retesting former upper end of channel. Looking at a 50% move higher to $4.

Fundamentally, Company has 180M of cash and has a market cap of less than 300M. A Tech stock trading at only 3X EBITDA. Incredible.

Analysts have been raising targets continuously after bottoming.
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