Fast Money's Energy Stocks With Bullish Charts
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Created by barrons2
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Date updated:09-10-2008

With the energy sector having taken such beating some areas could now be worth a closer look, according to Barron's online technical columnist Michael Kahn.

symbol name last price % change open
  • +
  • XLE
    Energy Select Spd
  • $49.69
  • -4.24%
  • $51.10

Specifically, Kahn likes the chart of the Energy Select Sector SPDR (XLE). Going back one year he sees support right around this ETFs current level making it a potential buy around $65 or so.

People owning XLE also tend to own: ATVICCJCELGCRZODSXDVNEMC

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  • +
  • DO
    Diamond Offshore
  • $64.09
  • -4.93%
  • $66.04

This 5 year chart of Diamond Offshore (DO) reveals a classic long term bull market trend, according to Kahn. He thinks the stock is nearing support levels and sees technical reasons to like this stock in the near term.

People owning DO also tend to own: ACIBJSBTUCNXCWEIDNRGSF

TheStreet.com Rating: C What is this?

  • +
  • SPWR
    Spwr
  • $0.00
  • N/A
  • $N/A

The one year chart of Sunpower (SPWR) also looks bullish to Kahan. “The slightly rising bottoms reveal a nice rshort term trend,” suggesting this stock could go higher.

People owning SPWR also tend to own: BTUFWLTGRMNJOETWIAAPLCY

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