JUP August volume picking up thanks to the buybackJupiter Fund Management plcLSE_DLY:JUPStockso_SimpleJupiter Fund Management next, lots of choppy sideways action here and not a name I follow closely, but the chart’s telling an interesting story. What caught my eye is the volume picking up through August, unusual for what’s normally a quiet month. Some of that’s explained by the company’s own buyback, running since April and still active, weekly purchases have been going through at prices up to 164.4p. That gives the stock a steady bid underneath it, worth knowing when you’re reading the volume. Then Friday delivers a proper bullish engulfing candle, opening below the previous close and closing above the prior day’s high, on strong relative volume. That combination at this price level has my attention from a bullish point of view. Could this be the start of a move back toward the previous highs? Too early to say, but one worth watching. Price target: 188p Potential reward: 16.5%