As we transition into 2009, RealMoney.com’s Dan Fitzpatrick continues to cover the charts on stock picks he's found on TV and TheStreet.com.

Here’s a look at some potential trades for the New Year.

TheStreet.com’s Most Popular: Apple, Altria and General Electric: Jan. 5

Apple (AAPL): This week starts off with the "usual suspect": Apple. Right now, Apple is trading in a channel, which means that its stock price is staying within a fixed range. Fitzpatrick recommended waiting until Apple dips to the lower end of the channel to buy, then selling at the top around $100. “Respect the bears and keep a tight stop,” he warned.

Altria (MO): Altria saw a sustained uptrend in price into 2008 followed by a pullback. While the stock has “dropped off a cliff” recently, Fitzpatrick noted that buying pressure is starting to catch, halting this stock’s downward motion. He said that the best-case scenario for Altria is sideways consolidation -- horizontal price movement on smaller volume. An uptrend on this stock could take some time, so wait for the 50-day moving average (the line that charts a stock’s average price over the past 50 days) to intersect price.

General Electric (GE): Right now, GE is in a downtrending channel that’s turning around and testing resistance, the “ceiling” of a stock price’s range, at its 50-day moving average. “That makes you just want to buy now,” said Fitzpatrick, commenting that GE’s price could be ripe for an upward breakout above the resistance line. He did note, however that right now investors are just hoping for an upward change, and “and hope is not a method,” he said.

U.S. Oil Fund, Gilead Sciences and Amgen: Jan. 2

U.S. Oil Fund (USO) from "Fast Money": "Fast Money"’s Addison Armstrong called for an oil bottom in January and recommended snapping up oil ETF U.S. Oil to profit from the potential turnaround. With the ETF at the top of a downtrending channel right now, Fitzpatrick wasn't so fast to recommend buying this stock: “Until you see oil break out of this downtrend, then pull back, then firm back up, this oil’s still in a downtrend.”

Gilead Sciences (GILD) from "Fast Money": One of Guy Adami’s favorite stocks for 2009 is Gilead Sciences. “Look at the chart," said Fitzpatrick. "This thing didn’t do too bad in 2008, or 2007, or even 2006, so where do we go from here?” Right now, the biopharmaceutical company is on an upswing with resistance (the stock’s theoretical “ceiling”) at the 200-day moving average. “If we get a pullback to $48, buy then,” Fitzpatrick recommended.

Amgen (AMGN) from "Fast Money": Higher lows and lower highs for Amgen signal that this stock is ready to breakout either up or down. Fitzpatrick recommended keeping a stop around the 200-day moving average and going long around $59 after the stock crosses resistance. “Until we get a breakout one way or another, I’d just stay away and watch the action,” he said.

Charles Schwab, Goldman Sachs and the Dow Jones: Dec. 31

Charles Schwab (SCHW) from "Fast Money": “Charles Schwab is bouncing off -- not just at -- this support line. This is what you want to see,” said Fitzpatrick in his New Year’s Eve video. “I’d buy at support and be a seller right at the 50-day moving average.”

Goldman Sachs (GS) from "Fast Money": Right now, Goldman is just poking its head above the 50-day moving average after a series of higher lows, a potentially bullish sign that could mean an upward move above resistance. Fitzpatrick recommended buying around $80 on any sign of strength, such as upward prices on higher volume.

Dow Jones Industrial Average from "Fast Money": The “Fast Money” guys recommended the Dow as an intraday play, hoping for gains in anticipation of the New Year. They were right -- the Dow gained 108 points.

Freeport-McMoRan, Siemens and Target: Dec. 30

Freeport-McMoRan (FCX) from "Fast Money": Freeport is a stock to look at with a long-term time frame. Right now, the stock is trading horizontally (keeping its price level more or less the same over time) on declining volume, which means that there aren’t sellers out there right now. If it moves above the 50-day moving average, Fitzpatrick said, that’s where you want to buy.

Siemens (SI) from "Fast Money": “We’ve got an uptrend here right off the bat,” said Fitzpatrick. Higher lows and a stock price decisively above the 20-day moving average means that the bulls are back behind it. “Let the stock settle; then buy for a longer-term uptrend,” he recommended.

Target (TGT) from "Fast Money": This retailer has been beaten badly recently, but whether the downtrend will continue long-term is unclear. Short-term, however, Fitzpatrick is counting on it to move lower in part due to sinking 50 and 200-day moving averages. “I’d wait to buy this thing in the high $20s… maybe even the mid $20s,” he said.

To see these stocks in action, check out the "3 Stocks I Saw on TV" portfolio at Stockpickr.com.



For insight on stocks you see on TV, online, or anywhere else, check out Stockpickr Answers.

Posted on Jan. 6, 2009