I'm not much of a chartist and consider the fundamentals to be more important than the technicals though technicals can help with timing entries. A few observations:
* two new 'higher lows' in the past month or so on the daily chart * in past few days has broken out from short term downtrend started on first week of june 09 * combination of higher lows and breakout gives a bit of a wedge sort of pattern that has been broken out of * slight increase in volume since breaking out * seems to be adhering to longer term uptrend started late oct 2008.
I feel that price is probably manipulated quite a bit at the moment - so not sure how much to read into technicals - also not sure how to read todays action - second doji in a row - slightly higher close. (a seller into the close adjusted to achieve higher price as well).
Just observations - not sure that too much should be read into any of this and I don't think they're particularly strong signals. (and I don't rate my technical skills particularly highly either).
IGR Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held