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.
Basic Materials: Newmont Mining (NEM)
Consumer Defensives: Coty (COTY)
Financial Services: Capital One Financial (COF)
Consumer Defensives: Hostess Brands (TWNK)
Industrials: A.O. Smith (AOS) , CSX (CSX) , General Dynamics (GD) , Ingersoll-Rand (IR) , JetBlue Airways (JBLU) , Kratos Defense & Security Solutions (KTOS) , Southwest Airlines (LUV) , 3M (MMM) , United Technologies (UTX)