FNTL ready to see if the buyers absorb all remaining supply?

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FNTL ready to see if the buyers absorb all remaining supply?Fintel PLCLSE_DLY:FNTLStockso_SimpleMy favorite looking setup from last week and the chart tells a very compelling story. There has been a clear ceiling around 190p for a while, but the price action building underneath it has been quietly getting more and more interesting. The range of prices has been reducing day by day with a series of rising lows. The supply of lower prices is simply running out. Then came the clear rejection wick to the downside on strong volume, telling you buyers are sitting below this level and absorbing everything the sellers throw at them. Friday was the session that really caught my eye. The price poked its head above 190p on volume 6 times the average. That is not a casual move. The volume profile adds another layer to the story. There is significant volume stacked between 160p and 190p acting as a solid base, but above 190p the volume thins out considerably. Thin volume areas offer very little resistance. Could this push through? The ingredients are all there. Price target: 265p Potential reward: 38%