The price action of Stratasys LTD (SSYS) stocks has been choppy throughout 2016. This represented a period of consolidation after a bearish trend since late 2014. In this span of about 2 years, price has fallen from above 130 to about 14.50. Then, as just noted, SSYS started trading sideways, in consolidation.Stratasys (SSYS) Weekly Chart(click to enlarge)Breakouts:- There are 3 breakouts and a 4th one pending this week.1) First of all, price is breaking above a falling resistance line.2) Price is also pushing into new highs on the year, breaking the high from February at 22.13.3) The RSI is breaking above 60, which is a sign that the prevailing bearish momentum entering into 2016 is now dead.4) Price is testing the 100-day simple moving average (SMA). A push above 25 should make this break clear.Targets:- Because the prevailing trend is bearish, and the bullish outlook is still young, we should respect resistance first around 30, a psychological level and 2016-high. - Above 30, we should expect resistance around 39-39.30 area, another common resistance during mid-2015. Failure:- This is a key breakout week. So, if price falls below the low at 20.89, the bullish outlook should be shelved. Not only that, the false breakout would suggest further downside risk, making even the 14.50 low vulnerable.