Badger Meter Inc (BMI) is a leading manufacturer of flow measurement and control solutions. The company provides innovative products and services for water utilities, municipalities, and industrial customers worldwide.

Badger Meter's stock is currently breaking to new highs, indicating a bullish trend. The stock's price has surpassed previous resistance levels and is reaching new price levels not seen before. This breakout suggests a potential continuation of the upward momentum.

Furthermore, if the stock can maintain its position above the key level of 172, the bias is higher toward 233. This indicates that there is a higher probability of the stock continuing its upward movement and potentially reaching the 233 price level.

Traders and investors should closely monitor Badger Meter's stock as it breaks to new highs. Confirmation of the breakout and sustained upward movement could present potential buying opportunities.