Recently, we noted that Bell Canada $BCE was at a key range support around $42. We noted that a break above $43.50 could open up a bullish outlook. However, price held below this resistance, and eventually broke below the range support.BCE Daily Chart(click to enlarge)Breakout:- The daily chart shows that the market is sideways in the long-term, but has been bearish in 2018. - It looks like this bearish swing might extend as price breaks the previous support pivot. - The bearish outlook opens up to the support pivot around $36-$37, but a more common support to rely on might be $38.- Still, if price turns around right after this brief breakout so far, and pushes above $43.50, we would have a bullish outlook first towards $46, and possibly back to the range resistance around $49.