weekly breakout take a look at this

CAJ appears to have done the time in the base and now looking for a change in direction,

I prefer to look for longer moves resulting in bigger profits from longer time frames which has helped me avoid the daily whipping so i often adapt Stan to looking for Weinsteins "stage 1" breakout
The weekly trend definer method requiring two particular ma's to have crossed upward an easily definable resistance line and increase in volume.
Well i d declare this weekly chart on CAJ is text book and i did in fact probe buy the open today.

I'm now going to switch my hat to a daily swing chart orientation remaining bullish and look for a daily swing down of 2-3 days on lower volume and buy the turn upward for my second (next) probing buy,(let those early profit takers out with their crumbs intact)

Remaining bullish my 3rd and final buy will be when price crosses the recent weekly high that is currently being created encouraging the bullish advance and then remaining on the weekly chart back with my Weintsten cap on watching the stage 2 advance and reciting Jesse Livermore's words about big money being made on longer moves.

Each of my three buys are with the trend (that i'm convinced i'm seeing through my rose coloured glasses)each one adds fuel to the bullish trend i want to be "my friend" of which without often the second and third probing buys will not occur(there's no such thing as a sure thing,hope for the best plan for the worst)

Now i better go read all that FA stuff getting posted here and fall in love with the story

Troll
#trolling it
#your welcome