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ISDN Holdings: Will It Resume The Uptrend After Consolidation?
Trend Spotting | 30 August 2013
By: Robin Han
Articles (102) Profile

ISDN Holdings has been very strong since early 2013 and its price has gone up a lot. As a growing stock, the potential can be much higher. One example of a typical growth stock is the recent magic stock Tesla Motors, listed in the US market.

So far, the uptrend of ISDN remains and does not show any signs of waning. ISDN also managed to hold well and even went up when the Straits Times Index suffered a beating recently. This is a sign of strength and it may trend up some more. In the past few days, the stock pulled back to consolidate. One may consider buying on weakness during the pull back and expect the price to resume the uptrend after consolidation.

From the fundamental perspective, its financial report on 13 August showed a 28.7 percent increase in revenue while net profit decreased 15 percent for the second quarter ended 30 June. It indicates that the company is still growing and its financial status does not have notable problem.

Daily Chart Of ISDN Holdings

Robin Han is a Ph.D in Department of Chemical and Biomolecular Engineering and has got a solid foundation in the financial markets.

Please click here for more information about this author.


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