For those of you who still believe serious people or instos are still net SHORT on SGH, take the following into consideration.
A poultry 2.4million shares has gone through today. The opportunity to open up short positions and crash low volume support is there to be taken advantage of. But no one is.
IMO the only sellers are impatient holders. Definitely not the activity of SHORTERS as there exists NO decent volumes on the sell side.
So here we have the perfect environment for Scary Shorts and they are nowhere to be seen. Why? Because the instos have switched to accumulation mode!
MACD now crossing - a positive close today will support a move higher from this point.
