Below and attached 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: Tractor Supply (TSCO)
Financial Services: WisdomTree Investments (WETF)
Industrials: United Parcel Service (UPS)
Real Estate: Gramercy Property Trust (GPT)
Utilities: Duke Energy (DUK) , Consolidated Edison (ED)
Bearish Reversals:
Healthcare: Edwards Lifesciences (EW)