Autozone $AZO is in a bullish breakout above a common resistance since 2015, opening up a new record high.AZO Daily Chart(click to enlarge)Bullish Breakout:- On the daily chart, we can see that a bullish trend ended in late 2015-early-2016. - Then, there was a bearish correction in 2017, but price eventually rebounded in the second half of the year. - Price action in 2018 have been within the range of price action in the previous 2 years, but recently has anchored above $700 per share. - In the past couple of weeks, price surged from $700, and broke above the common resistance that was around $800-$818.- I think for now the, $700 anchor is key to maintaining a bullish outlook. - Finally, this is a bullish breakout from a 3-year consolidation, so we should anticipate significant upside.AZO Weekly Chart(click to enlarge)