Last week, we noted that Boston Beer Company $SAM was bullish as price action broke above a rounded bottom as well as the 200-week simple moving average (SMA). This week, the market indeed extended the breakout. If there is a pullback, SAM would be a buy-the-dip candidate.SAM Weekly Chart(click to enlarge)Breakout:- The weekly chart shows how price broke above some key resistance levels last week.- The fact that the RSI held above 40 while price bounced off the 100- and 50-week SMA in March added to the bullish outlook.- The daily chart shows the bullish extension. - The RSI is showing overbought condition. - Now, if price indeed pulls back, we might want to focus on the $200 area. Also, we might want to wait for the RSI to pullback to 40-50 area. A bullish market will likely maintain the RSI above 40, so it would be a good time to consider buying on the dip. - There will be a key resistance around $260. - Above $260, there is upside to the $300 mark, and even the 2015 high around $320. SAM Daily Chart(click to enlarge)