Schlumberger Is Among 7 Stocks Ready to Change Direction

 | May 14, 2018 | 2:10 PM EDT
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Stock quotes in this article:

slb

,

ci

,

derm

,

jec

,

ohi

,

infn

,

ldos

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:

Energy: Schlumberger (SLB)

Healthcare: Cigna Corp. (CI) , Dermira, Inc. (DERM)

Industrials: Jacobs Engineering Group (JEC)

Real Estate: Omega Healthcare Investors (OHI)

Bearish Reversals:

Technology: Infinera Corp. (INFN) , Leidos Holdings (LDOS)

Columnist Conversations

BIDU has triggered a buy entry against the cluster zone.  My risk can be defined either below the 5/23 lo...

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