BAX showing some interesting action around 22.00

Been watching $BAX today, and it's certainly had a bit of a rollercoaster ride. The daily range from 21.43 to 22.175 paints a picture of some indecision, but the current print around 22.04 has my attention.

From a technical perspective, it looks like there's a fair amount of resistance building up just north of the 22.00 handle. We saw it poke its head above it a couple of times, but couldn't seem to hold. If it can consolidate above 22.00 on a sustained basis, then we might see a push higher towards yesterday's high. However, a failure to stay above 22.00, especially if it dips back down towards the 21.70-21.80 area, would suggest that the sellers are still very much in control and could indicate further downside.