MSI did you spot the high institutional footprint on the tape?

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MSI did you spot the high institutional footprint on the tape?MS International PLCLSE_DLY:MSIStockso_SimpleAn old favourite of mine and I hold this as a long term position, though there could be a short term rebound opportunity here too. Tuesday stood out with a very strong bullish move, a deep rejection wick to the downside accompanied by one of the largest volume spikes on this chart in some time. Extreme effort, price held firm. That is the kind of footprint that is hard to walk past. The timing is interesting too. Recent commentary around the global review and shake up of defence budgets has been hard to ignore, and a business like MS International sits right in that space. The key question is how much of that macro tailwind actually translates into meaningful contract wins and sales numbers. That is the bit worth watching closely. Price target: 1780p Potential reward: 19%