10 Stocks That Are Ready to Change Direction

These names are showing bullish and bearish reversal patterns.
Stocks quotes in this article: CNK, NOK, QRVO, VIAV, FMC, TPH, TSN, ANDV, CGNX, CREE

Below is a list of names for those charts we believe 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.

Bullish Reversals:

Consumer Cyclicals: Cinemark Holdings (CNK)

Technology: Nokia (NOK) , Qorvo (QRVO) , Viavi Solutions (VIAV)

Bearish Reversals:

Basic Materials: FMC Corp. (FMC)

Consumer Cyclicals: TRI Pointe Group (TPH)

Consumer Defensives: Tyson Foods (TSN)

Energy: Andeavor (ANDV)

Technology: Cognex Corp. (CGNX) , Cree, Inc. (CREE)

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

At the time of publication, Ortmann had no positions in any securities mentioned.

TAGS: Investing | U.S. Equity | Stocks

More from Investing

Southwest Airlines Can Fly High Again

Paul Price

What other proven growth company can you name with a similarly cheap valuation?

This Market Doesn't Trust the Headlines Anymore

James "Rev Shark" DePorre

Unfortunately, this trading environment does not hint at a sudden improvement in character.

Is Unit Corp's Quant Downgrade a Called 'Third Strike'?

Bruce Kamich

UNT has been downgraded to sell by TheStreet's Quant ratings service.

Apple Has Been Working Harder Lately to Keep Its Mac Base Happy

Eric Jhonsa

Amid reports that it's prepping large software and processor changes for the Mac, Apple has launched new MacBook Pros featuring nuts-and-bolts improvements.

Jim Cramer: How Much China Is Too Much China?

Jim Cramer

You can't start a discussion about the issue, though, without going right to the most impacted stock on earth: Apple.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight