NEWFIELD EXPLORATION (NFX-NYSE): Technical Viewpoint: From a low of $47.21 on Mar 26, 2010 prices rallied, reaching a high of $57.00 on Apr 8, 2010. A decline saw prices pull back, reaching a low of $51.30 on Apr 19, 2010. Another rally saw prices penetrate resistance, closing 4/23/10 at $56.74. Technicals: MACD Index (MACD): A Buy Alert! was given on Apr 23, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $54.00. Resistance: Is at $57.00. Point & Figure: Reversed to the upside on Apr 23, 2010. A P&F upside reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! NEWFIELD EXPLORATION (NFX-NYSE) @ $57.13 Stop: Use a protective stop of $54.63. NEWFIELD EXPLORATION is currently trading @ $56.74 plus $3.03 on Apr 23, 2010. Price Objective: $69.50. Risk/Reward: $2.50 VS. $12.37. Today's Risk Reward Ratio: 5:1