REC buyers take control as price closes at high of day.Record plcLSE_DLY:RECStockso_SimpleRecord put in some very bullish price action last week. Thursday’s trading update brought a strong move up on strong volume, with price closing right at the high of the day, a clean signal of buyers in control. By all accounts the update itself was not bad either. There is also a significant volume concentration at this price level, marked by the horizontal white line, which adds weight to the level as a base for further gains. The question now is whether price can work its way back up to fill the top of that gap. Price target: 52.4p Potential reward: 16.5%