Last week, we noted that Biogen's $BIIB bullish breakout back in August/September looked strong because the pullback in September respected the previously broken range. BIIB Daily Chart(click to enlarge)Bullish Continuation:- As we can see on the daily chart, price action has taken off since last week's bullish confirmation.- It has now pushed into new highs on the year, - 340 will be a previous support/resistance pivot, so we might see some resistance there. - At this point, I think the market is bullish, but could possibly settle into a new range between roughly 310 and 350. - This area would represent the middle the price range between the 440 high in 2015 and 205 low in 2016.