4 Stock Charts That May Be Poised For A Breakout

4 Stock Charts That May Be Ready For A Breakout
These Stocks Are Poised To Pop

The following four stocks are near key breakout points, looking poised to continue their uptrends.

The Men's Wearhouse Inc. (MW)  is in a sideways pattern off its big gap in late November. The consolidation is similar to the one after its big gap in early October, and if it breaks this level, at about 51.50, watch for a test of the May 2003 all-time high in the 53.50 area.

MW Daily Chart

Jos. A Bank Clothiers Inc. (JOSB) is in a similar sideways pattern after its big gap on Nov. 26.00. The stock is in all-time-high territory, and a move above the recent high in the 57.75 area would break it out further.

JOSB Daily Chart

Level 3 Communications Inc. (LVLT) is up against lateral resistance. The stock has run from under 20.00 in June to over 30.00, and could accelerate on a break of 31.00.

LVLT Daily Chart

3D Systems Corp. (DDD) is in a rising-triangle pattern, with sharply rising lows (from under 50 in October) converging on the 81.90 level. The stock is near all-time highs at 84.85, achieved intraday on Nov. 18, and could surpass that on a break of resistance.

DDD Daily Chart

Couresty of Sinisa Persich, marketwatch.com