These Stocks Show a Change of Direction

Finding bullish and bearish reversals in the market.
Stocks quotes in this article: APA, SWFT, BBRY, GNTX, KATE, NCLH, ROST, SEAS, SC, TSRO, CLVS, VNTV, RHI, AAOI, ADI, XLNX

Below 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. 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 

Energy: Apache (APA)  

Industrials: Swift Transportation (SWFT)

Technology: BlackBerry (BBRY)  

Bearish Reversals 

Consumer cyclical: Gentex (GNTX) , Kate Spade (KATE) , Norwegian Cruise Line (NCLH) , Ross Stores (ROST) , SeaWorld (SEAS)

Financial services: Santander Consumer (SC)

Health care: Clovis Oncology (CLVS) , Tesaro (TSRO)

Industrials: Robert Half International (RHI) , Vantiv (VNTV)

Technology: Applied Optoelectronics (AAOI) , Analog Devices (ADI) , Xilinx (XLNX)

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 the stocks mentioned.

TAGS: Investing | U.S. Equity | Energy | Healthcare | Industrials | Markets | Gaming | Stocks

More from Energy

Schlumberger Could Improve Modestly From Here

Bruce Kamich

Let check the charts.

Dare I Say It? Oil Majors Look Like an Attractive Buy

Maleeha Bengali

Royal Dutch Shell and Total boast solid balance sheets, high free-cash-flow generation, top-quartile production growth and attractive valuations.

BP Results Could Fuel a Rally in Coming Weeks to Retest October's Peak

Bruce Kamich

With a boost from the fundamentals, the oil giant's shares could push upward and challenge the late September-early October highs in the $46-$47 area.

A Covered Call Trade in the Big-Name Oil Space

Timothy Collins

In this kind of market, I'm opting for a slightly more conservative play here.

Novice Trade: Chevron

Mark Sebastian

I like for CVX to continue to run higher back over $120.

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