1. BFAM is trading lower but appears to be breaking out. 2. Resistance at $130 may have shifted to support. 3. Previous sellers continue to regret their positions near $130. 4. Support breaking can signal a potential upward trend. 5. A series of higher lows indicates bullish activity.
The stock is breaking resistance, historically indicating upward momentum. A similar break in the past often led to significant increases in stock prices.
The article outlines key technical movements which can affect investor behavior, hence impacting BFAM's price with potential significant shifts.
Immediate technical indicators suggest a near-term uptick in price. Historical trends typically show quick movements following resistance breakouts.