Telus ( TU) is another name that's been delivering strong performance. In the trailing 12 months, this Canadian communications giant has generated returns of more than 16% on shares -- not counting the company's hefty 4.3% dividend yield. And right now, the technicals point to additional upside in shares: Back at the end of December, Telus broke out of a textbook inverse head and shoulders pattern, a setup that indicates exhaustion among sellers. From that point, shares rallied more than 5%, but reversed lower at the start of the new calendar year. The reversal wasn't a bad sign, though. Instead, it's a throwback. >>5 Breakout Stocks to Eye for a Buy A throwback occurs when a stock reverses after a breakout to come back and test newfound support at the breakout level. If the level acts like support, then traders have a second chance at a low-risk entry in shares. That's exactly what happened in Telus -- the pattern's neckline at $52 acted like support, and shares are coming back to retest the dashed resistance line at $54. Think of a breakout above $54 as "stage 2" of the original inverse head and shoulders setup in Telus. Wait for that level to get breeched before buying it.