FireEye $FEYE broke above a subtle resistance in the 16.20-16.50 area. In a previous look at FEYE, we noted that a break above this area opens up a bullish outlook.FEYE Daily Chart(click to enlarge)Head and Shoulders Avoided:- The daily chart shows a head and shoulder pattern. Here it isn't a "topping" pattern, but it still has a bearish implication especially if price were to break below the 13.50 neckline.- Instead, price found support at the neckline and rallied sharply, breaking above the "shoulder". - This breakout suggests that FEYE is shifting from a sideways market to a bullish one. Upside:- I think price will test the 18.00 pivot and then the 18.50 resistance. - There could also be upside to 20.- The bullish outlook should be limited to 24.65, which was a critical support that is likely to turn into resistance.