HAL, AKS, NFLX, SLB Ok To Fall In Love

There have been 6 stocks that I have really been keyed into, Bank of America (BAC), Haliburton (HAL), Oxigene (OXGN), AK Steel (AKS), Netflix (NFLX), Schlumberger Limited (SLB). Most of them have been on my watch list, and 4 of them are my stocks to buy in 2009.

Instead of detailing what I think about through text, this time I decided to go back to what many of you have asked for me to go back to, VIDEO!

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Short summary of video:

Bank of America – Both RSI and stochastics seem to point downwards. Analyzing a good support area.

Haliburton – Seems to be in trading zone. Look for a bounce off the support.

Oxigene – Looked like it was going to breakout; however, seems like stock is still coiling. Still in play as long as stock stays above 1.80-1.85ish.

AK Steel – Seems like a minor pullback after a long stretch of positive run. Higher lows and highs help support the idea that we are still in a bull run with this stock.

Netflix – Nothing too technical to point out here, but rather a theory. It seems like for much of 2009, Netflix is moving inversely to the overall market. When the market is up, Netflix seems to go down and vice versa.

Schlumberger Limited - Still in strong uptrend. Support around $54.80.

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