CNI — Breakout Confirmed: Retest Opportunity?Canadian National Railway CompanyBATS:CNIstreak35Hello Everyone, Followers, Happy Sunday to all. Today I will share some anaylsis and the CNI (Canadian National Railway Company) is the first one. Let's drill down: 📊 Technical Overview CNI has successfully broken above the previous major resistance around $108, signaling a bullish continuation move. The breakout occurred with strong momentum, and price is now trading above all major moving averages — confirming trend strength. After such a move, a retest of the breakout level is a common and healthy market behavior. 🔹 Key Levels Support 108 → Breakout level / key retest zone 104 → Secondary support 100 → Major demand area Resistance / Targets 112 → Short-term resistance 118 → Next major target 120+ → Trend continuation zone 🔮Outlook The structure remains bullish while price holds above the breakout area. 🎯 What I Expect I expect either continuation toward 112–118 or a controlled pullback to 108 before the next leg higher. A break back below 104 would weaken the breakout scenario. If you enjoy and like clean, simple analysis — follow me for more. This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis. Have a lovely Sunday to all and hopefully green trade day for next Week. #TechnicalAnalysis #TradingView #Stocks #USStocks #PriceAction #TrendTrading #SwingTrading #Breakout #Momentum #TrendContinuation