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10 Stocks Starting To Break Down



January 24, 2012 – Comments (0) | RELATED TICKERS: USO , MO , PGNPQ

The stocks below are showing signs of, or already in the process of, breaking down as the smart money appears to be leaving them in a subtle manner. There are stocks trading at its peak and finally showing some vulnerability, while on the other extreme, there are stocks that have been in a channel near or at their lows, before finally breaking down below those lows.

The market is extremely overbought, and prime for a pullback. To what degree that pullback shows itself as, is anyone's guess. But the list below will provide you with a number of companies that are already forecasting that pullback through recent weakness. 

Here are 10 stocks starting to break down.

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