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Breakout Radar

BUSE breakout setup

First Busey Corporation (BUSE), Major Banks, was flagged by the Breakout Radar on Oct 16, 2026 at $29.41, 3.5% under its $30.44 pivot.

$30.44
Pivot
40 sessions
Base length
5×
Resistance tests
3×
Floor touches
27.0028.6730.34JunJulAugSepOct29.47

Daily candles. Red: the base's resistance. Blue: its floor. Lines as the radar draws them today.

Why it was flagged

4th base since the advance began — late stage (above a rising 200-day average) for 40 sessions under a gently falling resistance at 30.44 tested 5 times, with a flat or rising floor touched 3 times and the range narrowing to 80% of its start.

What happened next

Broke out Oct 22. It first closed above the pivot at $30.63. Last close $29.47 (Oct 29, 2026), +0.2% since it was flagged; best point +4.5%.

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A measured chart pattern, not a recommendation. Not investment advice.