Utility companies have been taking it on the chin lately as higher bond yields have become more attractive to fixed income investors. However, some companies have been pushing higher, and NRG Energy is one of them.

The recent earnings report beat estimates and pushed this stock higher. You can see its extremely strong relative strength in the top pane. The upward trajectory that began in early February is powerful, but it may stall out soon. A pull back is the time to pull the trigger.

MACD is still on a strong buy signal as money flow is starting to go positive. I believe the stock may follow the path of the orange line over the coming weeks. I like this name, and we are long April 26 calls.