Price action today has pierced the uptrend channel's lower support line - a bearish signal to technical traders.
For some weeks now IGR has been shortsold up to 20% of daily sales. During the last 2 weeks the SP diverged from the rising POG - as with many other goldies but unlike a few that also attracted broker reports.
Now as far as I'm aware stocks can only be shortsold by market makers or via cfd trading [which are suppposedly based on underlying share prices, not the other way round]. Leaves me wondering what all of that actually means.
https://www.asxonline.com/intradoc-cgi/groups/public/documents/reports/shortsell_gross_20110406.txt
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20day mov average about to cross, page-6
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