6 Stock Charts to Watch After the S&P 500′s New High

These stocks could have some meaningful upside in a rally

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6 Stock Charts to Watch After the S&P 500′s New High

Stock Charts to Watch: Shaw Communications (SJR)

sjr 300x173 6 Stock Charts to Watch After the S&P 500s New High
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Finally, traders poring over stock charts should watch Shaw Communications (SJR). At Friday’s close of $24.99, the stock only needs to rise another 1.8% to take out near-term resistance at $25.46, possibly setting up a move back to its all-time high near $30 set in 2007.

SJR stock features a dividend yield of 4.1%, so at the very least, investors are getting paid to wait.

As of this writing, Daniel Putnam did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/2014/05/6-stock-charts-to-watch-sp-500/.

©2014 InvestorPlace Media, LLC

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