Back on January 22, I identified three stocks making major bullish price channel breakouts in their charts. At the time, the S&P 500 had plunged more than 5 percent in only three weeks in 2016 and market sentiment was extremely bearish.

However, in the midst of all the selling pressure, Benzinga identified AT&T Inc. T 0.1%, Verizon Communications Inc. VZ 0.48% and Spectra Energy Corp SE 3.12% as three stocks making fresh short-term price channel technical breakouts.

As it turns out, the market found some stability in February and has started out March on a high note. Overall, the S&P 500 has booked…

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