XP Power Ltd.
Long

XPP is this textbook volume confirmation the real deal?

17
This one has been on my watchlist for a while and I never pulled the trigger. Story of my life.

Tuesday saw the price make a new high since the start of the year with volume rising alongside it, both in agreement. Then Wednesday it burst upwards another 13% on huge volume again. Textbook confirmation.

Zoom out and the price is now pushing the top of its current range and threatening to break into the gap above. When you factor in the lack of volume traded between 1750p and 2350p it becomes something of a vacuum, and vacuums tend to get filled quite quickly.

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