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 or two. 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:ARG, N:PAH, N:WY
Consumer Cyclical: N:ANF, N:ARMK, N:SBH
Consumer Defensive: O:SFM, O:STKL
Financial Services: N:BBD, N:ITUB
Healthcare: O:CLDX, O:CPHD, O:ILMN, O:IRWD, O:MYL, O:QGEN, O:SRPT
Technology: O:ARRS, N:CSC, O:FLIR, N:YELP
Bearish Reversals:
Consumer Cyclical: N:EXPR*, N:GME, N:JCP, N:LGF, O:PENN, N:UA, N:VIPS
Financial Services: N:UVE
Healthcare: N:UNH
Industrials: N:MWW
Technology: O:BRCD, N:FIT, O:MENT, O:ON
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