Energy Stock Breakouts (by BKudla)

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A chart pattern I always look at is when the lower bands of the 3 month LR intersect with the 6 month, with price.  Below are three stocks that met that criteria, and decided to breakout.  In fact I suggest a look at the entire sector, it looks constructive, near term.  A failure of the 20 seems like a good place for stops.

Petrohawk_2010-12-19_1341 

Mc_moran_2010-12-19_1344 
Ultrapar_2010-12-19_1349 
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