SUS - Tightening Range Looks Like a Coil Ready to SpringS&U plcLSE_DLY:SUSStockso_SimpleVery interesting price action from S&U here. It’s not a sector I’d normally invest in, motor and property finance has too many moving parts for my liking, but I’d happily trade it. What I like is the contraction in the price range running left to right on the chart. Hardcore traders would slap a pennant label on it, but I won’t get hung up on the name, it’s what’s happening underneath that matters. If a big player has been quietly accumulating this stock, they’d be running low on supply right about now, and that tightening looks like a coil about to spring. Last week gave us the first sign of that, with price nudging higher on some proper volume. A move back to the highs from earlier in the year would be a decent result. Price target: 2400p Potential reward: 20%