Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Bullish And Bearish Stock Reversals: 11.28.16

Published 11/28/2016, 01:50 PM
Updated 07/09/2023, 06:31 AM

Below and attached is a list of names for those charts we feel are showing technical characteristics of either bullish or bearish reversal patterns that occurred over 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

  • Consumer Cyclical: GameStop Corp (NYSE:GME), Lowe’s Companies (NYSE:LOW), Starbucks Corporation (NASDAQ:SBUX), Service Corporation International (NYSE:SCI)
  • Consumer Defensive: Campbell Soup Company (NYSE:CPB)
  • Energy: HollyFrontier Corporation (NYSE:HFC), Rowan Companies (NYSE:RDC)
  • Financial Services: WisdomTree Investments (NASDAQ:WETF)
  • Healthcare: TherapeuticsMD (NYSE:TXMD)
  • Industrials: Darling Ingredients (NYSE:DAR), Fluor Corporation (NYSE:FLR)
  • Utilities: American Water Works (NYSE:AWK)

Bearish Reversals

  • Consumer Cyclical: International Game Technology (NYSE:IGT)
  • Industrial: S&P Global Inc (NYSE:SPGI)
  • Healthcare: Thermo Fisher Scientific (NYSE:TMO)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.