VLG: Volume Surge + Upper Wicks — Bullish Absorption or ExhaustiVenture Life Group PlcLSE_DLY:VLGStockso_SimplePrice action is tightening up around a historic resistance level near 70p, with a series of upper wicks accompanied by a burst in volume. This could be a natural rotation of profit takers cashing in on the recent rise, or equally long term holders quietly absorbing sellers on the way through. I would not rule out a breakout in share price here, but looking at the chart objectively there is a reasonable case that this pricing behaviour points to a rotation back down instead. A genuine breakout above 70p on continued strong volume would favour the bullish case. Repeated rejection here, with wicks piling up, would support the rotation back down scenario instead.