Triple bottom to come? 1.48p-1.5p strong supportQuite a popular stock at some point having it's retrace
potentially a good buy at triple bottom level.
1.5p very strong support level
ITX trade ideas
Neil Woodford Selling out - Rebound effectThis chart highlights when Neil Woodford was forced to sell Itaconix on June 4th. The Woodford Equity Income Fund, which had 3.7 billion pounds in assets under management when suspended on June 3 , to pay back investors seeking their money due to poor performance. Woodford has said he will shift the focus of the fund to larger, more liquid stocks. Woodford has now sold out and the chart illustrates how it has rebounded as retail investors are purchasing at discounted rates.
SELL ITX Overextended market based on little news so market likely to pull back. Could continue you up further until it hits resistance before pulling back but pullback is definitely coming soon!
