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Agricultural supplies business Wynnstay Group (WYN) announced recently that “it is now clear that the group's trading results for the financial year will be significantly ahead of current market forecasts”. The shares have responded higher, but at a current 610p remain below above 650p reached in June and, as the numbers to be reported become clearer, we expect further meaningful share price progress.

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Although at first glance there may not appear to be any particular rhyme or reason to the share price action at Wynnstay Group (WYN), from a technical perspective or otherwise, closer inspection of this share does reveal some helpful cues, most of which appear to be encouraging from the perspective of the bulls.