US Equity

10 Stocks That Are Ready to Change Direction

By

Guy Ortmann

 | Feb 05, 2018 | 2:00 PM EST
  • Comment
  • Print Print
  • Comment
    0
  • Print
Stock 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.
More From Guy Ortmann

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

Tags:

Equities

|

technical analysis

|

technical analysis

|

Stocks to Watch

Columnist Conversations

Robert Lang:
Rising Volatility Futures
Today we see buyers of short term volatility going to town, picking up the aug and sept futures in a big way.&...
Carolyn Boroden:
BA is testing key support here
View Chart »  View in New Window » BA chart I'm STALKING this one for a buy trigger........
Carolyn Boroden:
TWTR charts updated
View Chart »  View in New Window »   WEEKLY
Carolyn Boroden:
BABA weekly chart updated
BABA is still dancing on key weekly support here.  Wait for a trigger! View Chart »  Vi...
See all »

BEST IDEAS

SEE MORE»

REAL MONEY'S BEST IDEAS

SEE MORE»

News Breaks

Powered by
See More »

COLUMNIST TWEETS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.
Compare Brokers