IGO 2.93% $5.31 igo limited

The market is down with many miners negative yet IGO is up a...

  1. 1,331 Posts.
    lightbulb Created with Sketch. 174
    The market is down with many miners negative yet IGO is up a fair bit. Is it a deadcat bounce? It looks like the shorts are a bit scared of selling today at this level. End of the FY is near and a bit late for tax loss selling. There might be a respite for the long after all this selling. Once this baby gets over 6, the shorts would be active again. There is no sign of real capitulation. But also, there mauy not be a capitulation.
 
watchlist Created with Sketch. Add IGO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.