ALFA - Could the lack of volume above become a vacuum? Alfa Financial Software Holdings PlcLSE_DLY:ALFAStockso_SimpleExtreme amounts of volume flooding into this stock and it is hard to ignore. After the price stabilised just above 140p following a sharp fall, it subsequently retraced but crucially failed to make a new low, bouncing instead from around 150p. The logic I apply here is straightforward. If the price cannot fall lower than it did previously, it suggests there is less supply available in the market. The sellers are running out of stock to sell. The volume over the last couple of days is the tricky part to interpret. With a move of this size I would normally expect to see the price push higher more convincingly, so I am cautiously keeping my expectations in check for now. The key level to watch is 166p. If the price can push through that on strong volume there could be a meaningful move on offer from here. Until then I am just watching Price target: 200p Potential reward: 21.2%