First Midwest Bancorp had been chopping around for the past four years hitting a low of $5.86 in July 2009 and a high of  $17.79 in April 2010.  All of 2011 and 2012 shares of FMBI have been in a range of $8-$13.50 as seen below.  $13.50 represents a large overhead resistance, and once broken shares will have room to climb higher.

The daily chart view shows an ascending triangle forming since November 2012, a very bullish chart formation.