Britol Myers Squibb $BMY has been consolidating since October 2017, but appears to be in a bullish breakout.BMY Daily Chart(click to enlarge)- The daily chart shows that BMY has been consolidating sideways, which broke below a rising channel support in January. - However, the overall trend remained bullish as BMY failed to complete a price top, and instead rebounded sharply.- The rebound eventually broke above some key resistance factors, and is now signaling bullish continuation.- Because the overall uptrend is intact, this bullish break out opens up the 66 high, as well as the 70 pivot area seen more clearly on the weekly chart below.BMY Weekly Chart(click to enlarge)