Yes the tide is turning. From a TA point of view price has just broken the downward resistance line from 66. MACD has crossed and DMI is about to. Stochastics and RSI are turning up. All on increased volume. I notice that 5.5M shares were shorted yesterday as well. Would love to post a chart but not sure how to yet. Maybe tonight.
Good luck to those that have held through this sell down. I accumulated even more in the low 40s over the last two weeks.
IIF Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
