Below is a list of names for those charts we feel are showing technical characteristics of either bullish or bearish reversal patterns that occurred during the past week. Bullish reversals imply institutional accumulation and the potential for higher prices. Bearish reversals imply institutional distribution and the potential for lower prices. Each group is listed by sector affiliation. Please feel free to contact the author for further details. (* denotes author has a position in the name)
Bullish Reversals:
Basic Materials: N:AA, N:ALB, N:BBL, N:BHP, N:BVN, N:FCX*, O:MEOH, N:NEM, O:PAAS, N:PPG, N:SBGL, N:SLW, N:TCK, N:TROX, N:TS
Consumer Cyclical: N:BWA, N:COH, N:JMEI, N:KATE, N:LL, N:OI, N:TGNA, N:TTM, O:WEN
Consumer Defensive: N:BG, O:SFM
Energy: N:APA, N:BHI, N:CNQ, N:CPG, N:DVN, N:ECA, N:ENB, N:EOG, N:HES, N:KMI, N:NBL, N:NBR, N:OII, N:OIS, N:PBR, N:RIG, N:SE, N:SN, N:SPN, N:STO, N:TOT, N:TRP, N:UNT, N:XOM
Financial Services: N:BNS, N:MFC, N:TD
Industrial: N:ADT, N:DOV, N:EMR, N:FLR, N:FLS, N:NSC
Technology: N:ATHM, (N:IBM), O:NTAP, O:QLGC, O:SINA, O:TXN, N:VSH, N:WUBA
Bearish Reversals:
Consumer Cyclical: N:DRI, N:SKX
Consumer Defensive: BN:BURL*
Financial Services: O:CME
Healthcare: N:AET, O:DXCM, O:HOLX, N:MOH
Technology: O:INFN
Disclaimer: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.