3 Potentially Explosive Stocks: SWS, FUN, STR

Several interesting Chart Patterns appeared on these stocks:


SWS [NYSE] - SWS Group Inc.
A very precise Descending Triangle signals a bearish move of this stock. Resistance trend line is very strong and had been tested by price for 6 price. Support trendline is also strong. Size of the pattern is 7$, meaning that once a breakout to the downside, the price target is 5$. Doesn't look good for SWS.

Trading: Traders will wait for price to close below 12$. Conservative traders will wait for a pullback after a breakout of the 12$ level.


FUN [NYSE] - Cedar Fair, L.P.

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Price is right at Resistance at 12$, after creating a big Ascending Triangle pattern. Upwards breakout is expected, with target at 18$.

Trading: Wait for price to close above 12$ or wait for a pullback to enter a more conservative approach.


STR [NYSE] - Questar Corp
Very nice pattern appeared at this volatile stock. Price has created a 1-year-long Ascending Triangle that is 12$ (this number keeps repeating) in size. Upwards breakout is expected, and when it occurs price is expected to reach target of 48$.

Trading: Wait for price to close above 36$ or wait for a pullback to enter a more conservative approach.


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