IGR is the massive Tuesday engulfing candle a strong seller exit

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IGR is the massive Tuesday engulfing candle a strong seller exitIG Design Group plcLSE_DLY:IGRStockso_SimpleAlso showing some interesting activity around a previous area of resistance, though for very different reasons to the others this week. I made an annotation on Tuesday after the price completely engulfed the previous day’s trading range and closed at the low. Back that up with a very large amount of volume passing through on the same session, and it is hard to argue this is anything other than a strong seller reducing their position. Effort and result fully in agreement, just in the wrong direction for anyone holding. A fall back to the bottom of this trading range around 43p would represent close to a 45% drop from current levels. A bearish setup worth respecting.