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: GameStop (GME) , Lowe's (LOW) , Starbucks (SBUX) , Service Corp. International (SCI)
Consumer Defensive: Campbell Soup (CPB)
Energy: HollyFrontier (HFC) , Rowan Companies (RDC)
Financial Services: Wisdom Tree Investments (WETF)
Health care: TherapeuticsMD (TXMD)
Industrials: Darling Ingredients (DAR) , Fluor (FLR)
Utilities: American Water Works (AWK)
Bearish Reversals
Consumer Cyclical: International Game Technology (IGT)
Industrial: S&P Global (SPGI)
Health care: Thermo Fisher Scientific (TMO)