Last week, the price of Credit Suisse (CS) stocks fell to its 2017 consolidation range. We talked about not relying on support. This week, price broke below this range support.Credit Suisse (CS) Daily Chart (click to enlarge) Broken Range:- The daily chart shows that price was bullish from July 2016 to the end of 2016/start of 2017.- Then, after ranging for almost half a year, price fell below this range.- It should be noted that despite the rally since July 2016, price action was bearish heading into 2016. - The weekly chart shows that the prevailing trend was indeed bearish.- Given that the bearish outlook is in line with the prevailing trend instead of going against a strong bullish one, we should anticipate downside risk first to 12.50, then the 10.00 handle (2016 low).Credit Suisse Weekly Chart(click to enlarge)