Energy Rebound?

Posted by downtowntrader | 12/20/2005 10:12:00 PM | 0 comments »

I think we will see a rebound in energy / oil service stocks here. Let's start with oih who had a bullish engulfing pattern after touching the trendline.
This is a former high flyer who has been consolidating. This is not a sure thing, but I will be watching it here as it is near support.
This is a good looking chart. I like GRP and there is a logical stop area..
INT also looks decent here. Right at support and with a sector that may turn up soon.

I've been early before, and may be early again, but I think these charts are worth watching the next few days.

DT

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