These Stocks Are Ready to Reverse Course

This week's bullish and bearish reversal patterns.
Stocks quotes in this article: KSS, SBH, RIG, KBR, GPRO, YELP, AXTA, CENX, BLL, TRVG, DISH, CHD, DK, LNG, BAX, BKD, HOLX, ETN, AAOI, BRCD, CERN, CRUS, INFN, TTMI

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:

Consumer Cyclical: Kohl's (KSS) , Sally Beauty Holdings Inc  (SBH)

Energy: Transocean  (RIG)

Industrials: KBR Inc  (KBR)

Technology: GoPro Inc  (GPRO) , Yelp Inc  (YELP)

Bearish Reversals:

Basic Materials: Axalta Coating Systems Ltd  (AXTA) , Century Aluminum  (CENX)

Communication Services: Dish Network  (DISH)

Consumer Cyclical: Ball Corp  (BLL) , Trivago  (TRVG)

Consumer Defensive: Church & Dwight Co  (CHD)

Energy: Delek US Holdings  (DK) , Cheniere Energy Inc  (LNG)

Healthcare: Baxter International  (BAX) , Brookdale Senior Living Inc  (BKD) , Hologic Inc  (HOLX)

Industrials: Eaton Corp  (ETN)

Technology: Applied Optoelectronics  (AAOI) , Brocade Communications Systems Inc  (BRCD) , Cerner Corp  (CERN) , Cirrus Logic Inc  (CRUS) , Infinera Corp  (INFN) , TTM Technologies Inc  (TTMI)

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 | Consumer Discretionary | Energy | Industrials | Technology | Markets | Consumer | Stocks

More from Consumer Discretionary

Collect These 2 Firms' Nice Payouts While Waiting for Their Shares to Perk Up

Bret Jensen

Cedar Fair L.P. and Grief Inc. both provide solid yields and attractive long-term prospects.

Bed Bath & Beyond Is Testing Its December Nadir: Breakdown or Speculative Buy?

Bruce Kamich

Let's check the charts and indicators after the retailer's latest quarterly results.

Home Depot Could Nail It, With an Upside Breakout

Bruce Kamich

HD looks capable of making an upside breakout over $215, here's how to play it.

Can Saggy Fitbit Regain Its Shape? This Value Investor Hopes So

Jonathan Heller

Shares of the maker of health and fitness devices are near their all-time low, but buying now could pay off down the road.

3 Iconic American Companies, Only 2 of Which Are Celebrating This July 4th

Jonathan Heller

Shares of Hershey and Corning have done well since the last Fourth of July, but not so the stock of Harley-Davidson.

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