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Iofina: Fresh Unfilled Gap To The Downside Now Threatens Sub 50p Target While 113p Caps

By The Closet Chartist | Tuesday 17 December 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Although it is very often the case that the biggest moves on stocks and markets are only revealed as being “obvious” after the event, in the case of Iofina (IOF) the “long goodbye” since the start of the summer was one that many in the market would have felt was on its way.



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