DXRX: heavy volume, no sell-off—buyers are absorbing the supply?Diaceutics PlcLSE_DLY:DXRXStockso_SimpleA well formed trading range and the price is currently flirting with the 141p support level, which has had three notable interactions in the past. That kind of repeated testing of the same level is always worth paying attention to. This came up on my screener on Monday evening as the price stubbornly closed near its open on solid volume. Since then volume has been elevated for nine consecutive sessions and yet the price refuses to sell off. That is a significant detail. When sustained above average volume fails to push a price lower, the most logical explanation is that buyers are absorbing every sell order being thrown at them. The risk reward setup here also looks favourable. With a stop placed below the recent rejection wick around 134p, the ratio works out at approximately 1:2.9. Risking £1 for a potential return of £2.9 Everyone has a different risk profile of course, but for me that is a setup worth considering. Price Target: 175p Potential Reward: 22.5%