I have that app and I have not seen that feature. I may have been imprecise in my explanation.
I know it has a pointing tool/laser pointer, like Keynote, but it's not tied to the drawing tool. I need to draw a line and have that line stand out while it's being drawn and not just point to it after. If a teacher is reducing fractions and needs to cross out a number back in the jumble of the problem, it's difficult to tell where the new mark is being made without lots of verbal explanation.
Am I missing a setting in the app or is it just the pointing tool that you were referring to?