Savills plc
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SVS is this massive volume at 800p accumulation or distribution?

56
A clear area of consolidation between 800p and 863p with a massive wave of volume sitting at this level. The volume profile covering the start of the year confirms there is real weight here.

The question as always is whether this is accumulation or distribution. For me I want to see the price squeeze tighter with a trail of rising lows before I get too excited. That would suggest the supply is genuinely reducing rather than a large holder slowly offloading.

Price target: 1000p

Potential reward: 22%

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