Saving the best till last. I shouldn’t really have a favourite setup, I like to keep this neutral and remove all of the emotion with the short term trade setups.

This one is very interesting though. Take a quick look at the volume profiles on the right of the chart, and you will notice there is a certain concentration of volume below the current price around 165p, cast your eyes above that and you will see a very line layer of volume.

Now I want you to take a look at the chart above and observe what happened to the price to VLG between 57p- 65p. This thin layer of volume above price is the key signal here. It represents a line of least resistance, and any large player or market maker in this stock knows exactly what that means. When the volume above is this light, price can move through it quickly, since there are far fewer sellers waiting to slow it down.

Price target: 200p

Potential reward: 19.2%