Bright Horizons Family Solutions Inc. ( $BFAM ) – stock is trading over 100 dollars and offering a possible buying price between $157.22 – $165.08. Let’s look at the stocks technical actions using a weekly chart.
2. The stock a slow, but a steady and solid run since it’s mid February.
3. The stock witnessed another breakout back in June.
4. The stock appears to be in a consolidation, now.
5. The stock also lost ground during the consolidation, but recouped the losses, right away.
6. The stock also found support at the 50 day moving average throught out this run.
7. The stock is offering possible buying price between $157.22 – $165.08, with a stop loss at $144.64.
