**BBIO** BridgeBio Pharma stock, watch for a top of range breakout.
Breakout trade
* WATCH for possible breakout above 85.64
* Target: 91.68, 8.3% Stop: 82.43 Loss: 2.6%
* P/L ratio: 3.2 : 1 - Excellent
BULLISH
* \[Timing\] Strong bullish 3 day candlestick pattern with Mild 3 day accumulation.
* \[Timing\] Strong bullish 1 day moneyflow
* \[Timing\] breakout watch above 85.64, no resistance in area just above.
BEARISH
* \[Positioning\] Overbought, odds favor short trades.
* \[Positioning\] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
* \[Positioning\] at resistance
[BBIO BridgeBio Pharma stock chart](https://preview.redd.it/q58agcgjyqih1.png?width=1225&format=png&auto=webp&s=76548cbc64521ec31603d8f6e8a19551cada4edf)