FORM: Inverse Head & Shoulders Near Breakout – New Highs Ahead?FormFactor, Inc.BATS:FORMibraheeemzFORM has been in a healthy correction after reaching its all-time high of 159. That correction now appears to be evolving into a well-defined Inverse Head & Shoulders pattern, a classic bullish reversal formation. The stock is approaching a critical breakout zone, and a decisive daily close above 159 would confirm the pattern and signal the potential start of the next bullish leg. Key Technical Observations: 📈 Well-formed Inverse Head & Shoulders pattern nearing completion. 🚀 A daily close above 159 would confirm the breakout. 🎯 The measured target from the pattern points to approximately 200. 🔄 A pullback or retest of the breakout level would be healthy and expected, provided buyers step back in. Bullish Invalidation The bullish setup remains valid as long as FORM holds above 129 on a daily closing basis. A close below this level would invalidate the pattern and increase the risk of a deeper correction. With the pattern nearing completion, FORM is one to keep on the watchlist for a potential breakout toward the 200 area.