By the end of last week, shares of Gap Inc (GPS) rallied above a recent consolidation range, and into new highs on the year. This week, price continued to rally, but we might face resistance soon. If we do, where can we expect support if GPS is turning bullish?Gap Inc (GPS) Daily Chart(click to enlarge)Upside:- First of all, the daily chart shows that the break above 25.40 opened up the 30.55-30.60 resistance and also the 2016-high.- However, there is a chance that price will pull back before continuing higher towards the 2016-high.Support:- Let's say price starts to pull back.- If GPS is indeed heading towards the 30.55-60 area, we should see price support around 25.40-25.50. - A retracement to 24.00 can still be considered part of the bullish outlook. However, a break below 24.00 will likely bring up the bearish outlook.