Lennar Is One of 6 Stocks Poised to Change Direction

These names are showing technical characteristics of either bullish or bearish reversal patterns over the past week.
Stocks quotes in this article: LEN, OIS, OXY, OFC, AABA, IOVA

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: Lennar Group (LEN)

Energy: Oil States International (OIS) , Occidental Petroleum (OXY)

Real Estate: Corporate Office Properties Trust (OFC)

Bearish Reversals:

Financial Services: Altaba Inc. (AABA)

Health Care: Iovance Biotherapeutics (IOVA)

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 | Consumer Discretionary | How-to

More from Consumer Discretionary

Let's Activate the First 4 Names in My Deep-Value Active Portfolio

Jonathan Heller

Sagging stocks American Outdoor Brands, Nautilus Inc., National Presto Industries and CarLotz Inc. make up half the portfolio.

2 Stocks That Dirty Harry Would Love

Bret Jensen

Gunmaker Smith & Wesson Brands and ammunition producer Ammo Inc. look attractive amid concerns about personal safety as murders and shootings rise.

Lithia Motors Finally Is Poised for a Recovery Rally at Least

Bruce Kamich

The car retailer's technical signals appear to be firming ahead of its Wednesday earnings report.

How to Trade Procter & Gamble Ahead of Earnings

Bruce Kamich

Let's review the charts and indicators.

Signet Jewelers Shares Could Slip Lower

Bruce Kamich

It's a time to be cautious.

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