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.
