GE and Kohl's Are Among 2 Stocks Poised For Reversal

These names are showing bullish and bearish technical patterns over the past week.
Updated
Stocks quotes in this article: DVN, XEC, GE, AAOI, AWK, SO, KSS, VIPS, NKTR, COL

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. (* denotes author has a long position in the name,**indicates the author has a short position in the name.)

Bullish Reversals:

Energy: Devon  (DVN) , Cimarex   (XEC)

Industrials: General Electric  (GE)

Technology: Applied Optoelectronics  (AAOI)

Utilities: American Water Works  (AWK) , Southern (SO)

Bearish Reversals:

Consumer Cyclical: Kohl's  (KSS) , Vipshop Holdings  (VIPS)

Healthcare: Nektar (NKTR)

Industrials: Rockwell Collins  (COL)

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, Action Alerts PLUS, which Jim Cramer co-manages as a charitable trust, was long KSS and XEC.

TAGS: Investing | U.S. Equity | Healthcare | Basic Materials | Consumer Discretionary | Stocks

More from Healthcare

Cardinal Health: Waiting for History to Repeat Itself

Paul Price

Cardinal Health's depressed stock price may be poised for a rebound.

Allergan Stock Slips Despite Beat and Raised Guidance

Kevin Curran

Shares of the maker of Botox are struggling despite its latest results exceeding expectations.

Be a 'Goal Achieving' Investor, Not a 'Stress Relieving' One

Paul Price

And Cognizant Technology Solutions currently provides the former type of investor with a rare opportunity.

2 Pricey Stocks Based on Their Balance Sheets

Dave Butler

Shares of Dunkin's Brands and Planet Fitness appear to be expensive in light of the amount of debt the companies carry.

Gilead Sciences Is Regaining Its Shine

Dave Butler

Revenue is stabilizing with new treatment lines, and this stock may be a soon be a buy.

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