We recently saw Gap (GPS) trading at a critical support. However, price action suggested that we should not rely on this support, and we anticipated a further bearish price action.Gap (GPS) Daily Chart(click to enlarge)Breakout; Downside; Resistance:- First of all, the daily chart shows the bearish breakout as price pushes below the critical support around 21.60. - This opens up the downside towards the 2016 low just above 17.00.- At this point, if price pulls up, we should anticipate resistance in the 21.50-22.30 area, which represents the support area of the previous consolidation.