Snap and Coca-Cola Are Among 16 Stocks That Are Ready to Change Direction

These names are showing bullish or bearish reversal patterns over the past week.
Stocks quotes in this article: HAS, OMC, INFN, SNAP, UIS, APD, OC, DAN, PENN, KO, UN, CI, HON, URI, APH, SNPS

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. 

Honeywell is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells HON? Learn more now.

Bullish Reversals:

Consumer Cyclicals: Hasbro (HAS) , Omnicom Group (OMC)

Technology: Infinera Corp. (INFN) , Snap Inc. (SNAP) , Unisys (UIS)

Bearish Reversals:

Basic Materials: Air Products and Chemicals (APD) , Owens Corning (OC)

Consumer Cyclicals: Dana Inc. (DAN) , Penn National Gaming (PENN)

Consumer Defensives: Coca-Cola (KO) , Unilever (UN)

Healthcare: Cigna (CI)

Industrials: Honeywell (HON) , United Rentals (URI)

Technology: Amphenol (APH) , Synopsys (SNPS)

Honeywell is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells HON? Learn more now.

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.

Action Alerts PLUS, which Cramer co-manages as a charitable trust, is long HON.

TAGS: Investing | U.S. Equity | Markets | Stocks

More from Investing

Netflix Stock: Why I'm Keeping My Bird Box Blindfold On

Timothy Collins

The impact of raising subscription prices on net subscribers adds over the next six months is a huge unknown.

Even Wall Street Experts Had a Tough Year in 2018

Paul Price

Barron's big-name money managers did not pick many winners for the year.

Power Up Your Portfolio With This High-Yield Dividend Aristocrat

Nick McCullum

Given recent volatility in the stock market, a rock-solid dividend becomes that much more valuable for income investors.

There Is No 'Smoking Gun' With Blue Apron

Chris Versace

If Blue Apron is 'guilty' of this common practice then so are a bevy of other well-known companies in and out of the S&P 500.

Trading in the Age of Computer Algorithms

James "Rev Shark" DePorre

How do we develop methods that will give us a different edge?

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