Points to watch:Lasmo's shares are a good play on oil
prices. Lasmo has been forming a bottom pattern over the past month. The stock
closed Thursday just above its 21 day moving average of 5.2. Daily RSI and MACD have
been in uptrends since mid December, and both indicators showed a strong divergence
with price during the January lows. Daily Money Flow has been rising since early
December. Weekly RSI and stochastics both showed divergences with price during the
recent low. Wait for the shares (now at 5.25) to rise above the 55 day weighted
moving average at 5.53 and for ADX (now at 16) to rise above 20-25 before buying.