Regency View:

Quixant (QXT) – Close at 160p

Casion tech company Quixant enjoyed a strong recovery in Q2, but the market has reacted in bearish fashion to the news of the Omicron variant…

The shares gapped lower on Friday, snapping the ascending trendline which had been in place for the last four months.

Rather than wait for our open profit to potential be eroded further, we are going to be proactive and close our position for a modest gain.

Gross Profit (Inc Dividends) = +28.1%

QXT Daily Candle Chart