Bullish and Bearish Reversals in the Market

These companies show signs of a change of direction.
Stocks quotes in this article: TSLA, EPD, CUBE, BBBY, CHS, DRI, FIVE, CME, RHT

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. (* denotes author has a position in the name.) 

Bullish Reversals 

Consumer Cyclical: Tesla (TSLA)

Energy: Enterprise Products (EPD)

Real Estate: CubeSmart (CUBE)

Bearish Reversals 

Consumer Cyclical: Bed, Bath & Beyond (BBBY) , Chico's (CHS) , Darden Restaurants (DRI) , Five Below (FIVE)

Financial Services: CME Group (CME)

Technology: Red Hat (RHT)

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 | Energy | Real Estate | Consumer | Stocks

More from Energy

Let's Explore the Charts of Pioneer Natural Resources

Bruce Kamich

PXD should extend its gains, so here's how to approach it.

China Faces Cold Winter With Coal Shortages, Power Cuts

Alex Frew McMillan

The electricity crunch is likely to continue into next year in China, a largely self-induced crisis.

Here Are 8 Natural Gas Stocks to Consider as Prices Skyrocket

Jim Collins

There simply is not enough natural gas in the world to meet demand.

This Energy Dividend Name Continues to Come Out of Its Shell

Bob Ciura

Despite its rally, Royal Dutch Shell remains attractive thanks to its generous dividend and its expected 5-year total return.

Don't Rake These Energy Names Over the Coals

Ed Ponsi

As China looks to crack down on energy costs, look for buying opportunities.

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