Whirlpool Corp. $WHR rallied after an earnings report that beat estimates. According to Benzinga.com, "Earnings came in at $3.11 per share, beating estimates by 19 cents. Sales came in at $4.76 billion, missing estimates by $110 million. The company reaffirmed 2019 ongoing EPS of $14-$15 versus estimates of $14.56."The daily chart below shows WHR at the close of the 4/22 Monday session. We will probably see price open around $147 on Tuesday (4/23). I think price will clearly break into new highs on the year.WHR Daily Chart(click to enlarge)Bullish Signs Before Earnings:- Even before the positive earnings report, WHR price action completed a price bottom and was showing bullish reversal signals.1) After completing the double bottom price came down back but respected the double bottom as support.2) At the same time, price action bounced off of the cluster of moving averages, most importantly the 200-day SMA. This is known as a bullish slingshot signal.3) We also saw the RSI hold above 40 after it pushed above 70 in February. This shows maintenance of the recent bullish momentum.Resistance Ahead; Bullish Outlook:- The earnings report should be able to push price into new highs on the year, but there is still resistance around $150.- There is a falling resistance here, and $150 is a psychological level.- If price can close above $150, I will have more confidence on the upside towards $194-$200. - It would also help the bullish scenario if we eventually see $148-$150 area turn into support.- A break below $128 on the other hand would be a signal of a failed price bottom, and could turn the pressure back towards the $100 level.ABC Correction Done?- Looking at the weekly chart below, we can see that price action has been in consolidation mode since 2015. Before that WHR enjoyed a bullish trend. - Could it be that after price came down to $100 in late 2018, WHR has completed an ABC correction pattern, much like it did in 2010 through 2011?- So far, price action suggests this is a strong potential scenario. - If price comes down to $140 after the 4/23 session pop, I would consider a buy, with a target of $195 and a stop around $124. WHR Weekly Chart(click to enlarge)