TTG the path of least resistance points to 131p on thin supply

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TTG the path of least resistance points to 131p on thin supplyTT Electronics plcLSE_DLY:TTGStockso_SimpleA chart that has been all over the place over the past year but is starting to settle into something more readable. A long drawn out price compression pattern has been forming from left to right, with the range narrowing steadily. My previous annotation flagged a small pickup in volume, and now we have two consecutive days of really strong volume with the price creeping upwards. The effort is increasing and the result is following. What adds further conviction is the distinct lack of volume overhead at the current level. A thin volume void above the price means very little resistance standing in the way if the buyers push through. Poised to break upwards? Price target: 131p Potential reward: 12.3%