SVS volume-backed breakout shatters overhead resistanceSavills plcLSE_DLY:SVSStockso_SimpleAnother one of the estate agents painting a similar view to LSL. I like spotting trends, not just interpreting daily price and volume, but also on a macro level, and this is one of those examples where you see similar setups play out across different companies in the same sector. Quite often when one company is performing well, it can drag up its competitors’ share prices as well. In this example, yet again we have another concentrated amount of volume traded at the current price levels, and I noted on Tuesday the price had broken out of its overhead resistance on strong and supportive volumes. A breakout here could see it push toward the next level of resistance, which I view at 975p. Not hugely rewarding, but there is momentum here which could increase the probability of it continuing. Price target: 1024p Potential reward: 14.4%