Disclaimer: (long - short term trade) After what looks like months of consolidating between 42p and 50p, it finally looks like supply has dried up and anyone wanting to acquire stock is having to move the price up to do it.

The breakout was clean on Wednesday with solid increased volume behind it. Friday produced a nervy down day on little volume, a slight anomaly there. Again we’ve got a low volume void leading all the way up to the next area of consolidation around 64p.

Price Target: 64p
Potential reward: 23.5%