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Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Stocks to Trade for Gains: Must-See Charts

Stocks in this article: AAPL CHL CVX EMN UHAL

Eastman Chemical

Last up is Eastman Chemical ( EMN), a breakout name that's giving investors a second chance at a low-risk entry for shares.

>>5 Stocks Poised for Big Breakouts

Eastman has spent most of 2013 forming a rounding bottom pattern, consolidating under $74 resistance since February before finally breaking out at the start of June. That breakout has been pretty tepid so far, but as shares throw back to test newfound support at $74, buyers are getting a second chance to buy at a lower level. A throwback happens when a stock moves back down to test newfound support at its former breakout level - in this case at $74. And while throwbacks look ominous, they're actually constructive for stock prices because they re-verify the stock's ability to catch a bid at support.

If you decide to buy the bounce, I'd suggest keeping a protective stop at 50-day moving average.

To see this week's trades in action, check out this week's Must-See Charts portfolio on Stockpickr.

-- Written by Jonas Elmerraji in Baltimore.

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Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Jonas Elmerraji, CMT, is a senior market analyst at Agora Financial in Baltimore and a contributor to TheStreet. Before that, he managed a portfolio of stocks for an investment advisory returned 15% in 2008. He has been featured in Forbes , Investor's Business Daily, and on CNBC.com. Jonas holds a degree in financial economics from UMBC and the Chartered Market Technician designation.

Follow Jonas on Twitter @JonasElmerraji

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