Here are three stocks I've been watching lately, with bullish charts.

STEC

I have been stalking for a while, waiting for the consolidation to play out. STEC ( STEC) has one of the strongest bullish charts I've seen lately, with two big gaps higher and a move into higher ground. The stock seems to have lost gravity, not unlike Tasr ( TASR) in past years. This one looks good for another leg higher.

STEC
Source: BigTrends.com

Network Appliance

After losing out to EMC ( EMC) on an offer for Data Doman ( DDUP), NTAP has seen some really good call action today as it approaches the $20 level. This one has been consolidating but looks like it could be breaking free of that number soon. Rumors abound on the stock for takeovers ( Hewlett-Packard ( HPQ) and IBM ( IBM) are two mentioned. The call action is quite strong today, this could very well move higher soon.

NTAP
Source: BigTrends.com

Netflix

Netflix ( NFLX) has been a star performer in 2009, and today's action is noteworthy. The volume in options has picked up as the stock approaches the tough 42.5 level. There are some rumors out there including Amazon ( AMZN), but regardless, this stock should excel if it can close over that $42.50 level over the next few days. The action is quite bullish and what you want to see from market leadership. Tech is strong today, too. Follow-through is always key!

NFLX
Source: BigTrends.com
At the time of publication, Lang was long STEC calls.

Bob Lang is a senior analyst and portfolio manager at BigTrends.com. He manages subscription services for the firm and writes timely articles about markets, trends and the economy. Lang's articles can be viewed on numerous sites on the Internet. Together with renowned market timer Price Headley, Lang has helped build his supported products into a winning class. He participates in a coaching forum for advanced traders in which he teaches his unique style of trading.

If you liked this article you might like

5 Stocks Ready to Break Out

5 Stocks Ready to Break Out

The Deal: Western Digital Rebounds Following sTec Acquisition

The Deal: Western Digital Rebounds Following sTec Acquisition

5 Breakout Stocks Ready to Surge Higher

5 Breakout Stocks Ready to Surge Higher

Inefficiency, Dry Powder and Deep Value

Inefficiency, Dry Powder and Deep Value

5 Stocks Insiders Are Snapping Up

5 Stocks Insiders Are Snapping Up