Stitch Fix $SFIX is pulling back from a recent bullish breakout. The pullback has been sharp, but is approaching a key support area so I think price still stabilize as it approaches $27. SFIX Daily Chart(click to enlarge)Pullback:- As we can see on the daily chart, there was a jolt earlier in the month where price broke above $30 and surged to $37.50. - This previous support/resistance pivot area around $37.50 held as resistance and price retreated sharply. - Now, it is back below $30. - Still, the overall trend could be bullish if price can hold above $25. - If it is still bullish, price would likely find support higher than $25, as there are key support factors around $27-$27.50.- First of all, this area is a support/resistance pivot area. - Price would be inside the cluster of 200-, 100-, and 50-day simple moving averages, which could act as support if SFIX is indeed turning bullish.- There is also a rising trendline support that has been holding so far. - A break below $25 would wipe these support factors away, and put pressure on the next support pivot at $22.60, with a strong prospect of extending lower. - Finally, the RSI should hold above 40 in a bullish scenario. So, if price stalls around $27-$27.50 and the RSI holds above 40, we can anticipate a bullish push again to retest that $35.30-$38.70 area.