Insys Therapeutics $INSYS is in a key breakout that could signal a bullish outlook at least in over the next couple of months. INSYS Daily Chart(click to enlarge)Anti-Bearish Signals:- To be more precise, the signals I am talking about are not strong BULLISH signals, but rather signs that bears are losing control.1) Price has been consolidating under $7.50 since April. Price rallied and cracked $8.00 during the 6/14 session.2) The bullish candle also crossed above the 200-day simple moving average (SMA). 3) Finally, the RSI pushed above 60, signaling lost of bearish momentum.- As noted, these are essentially signs that the market is turning from bearish to neutral, which could have a bullish component. Upside:- If the market is bearish-neutral, we should limit the bullish outlook to the $11.00-$11.40 area. This is a key support/resistance pivot, as well as the central pivot of a previous consolidation range from October 2016 to October 2017. - If price can get to $8.70 and the RSI can push above 80, we can gain more confidence for the bullish outlook.- If price then retreats from the $8.70-$9.00 area, a key pivot, we should monitor the $7.50 area. If $7.50 ends up holding as support, we can add more confidence for the bullish outlook towards $11-$11.40. Downside:- A break below $7.00 would suggest that we just had a false bullish breakout, which would suggest a bearish breakout. - This scenario puts the $6.00 target back in sight, with a strong prospect of returning to the bearish trend and attacking the $4.00-$5.00 area again.