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10 Stocks That Are Breaking Down

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August 24, 2010 – Comments (0) | RELATED TICKERS: TRMB , WSM , ANF

What we have below is a handful of stocks that 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, and on the other extreme there are stocks that had been in a channel near or at its lows, before finally breaking down below those previous lows.

There is no one industry that seems to represent itself more than any other, as the representation seems to represent much of the market as a whole. However, as it seems to be on every bearish scan that I run, there is an insurance company listed.

Here are 10 Stocks That Are Breaking Down.

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