Weyerhauser (WY) is making an upside breakout, with its strength today above $33. This upside move looks sustainable, so traders should make their move now.
In this daily chart of WY, below, we can see that prices are breaking out on the upside of a large ascending triangle pattern. WY has stalled several times at the $33 level, but you can see a rising trendline from the higher lows from June to November, December and January. Prices are above the rising, 50-day moving average line and above the flat, 200-day moving average line.
Volume is typically flat or declining as you move through a triangle, because the trading range gets narrower and there is less room to trade for profit. The Moving Average Convergence Divergence oscillator has turned up into go-long territory.
In this weekly chart of WY, above you can see how key the $33 level has become. Prices are above the 40-week moving average line. The weekly OBV line looks like it is now turning up. The MACD oscillator is moving up from the zero line.

In this Point and Figure chart, above, we get a different level for the breakout -- $35. And we get a target of $42.
Bottom line: Traders can buy WY on a close above $33 and add on a trade at $35. And $42 is our upside price target - traders should risk a close below $31 for now.