Breakout to watch: WLY

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Breakout to watch: WLYJohn Wiley & Sons, Inc. Class ABATS:WLYshlobbyKeeping an eye on this one as it pushes to new ground on the weekly chart, with price edging above its marked line after a steady climb. The weekly moving averages are stacked and rising beneath price, giving the advance a firm backdrop. A weekly hold above the line keeps momentum pointed higher, while a slip back underneath would call for patience. Watching the next few closes.