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14 Stocks That Are Breaking Down



September 30, 2011 – Comments (0) | RELATED TICKERS: BKE , ABC , KATE

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.

Buckle (BKE) looks very nice with the bear-flag currently being formed, as does AmerisourceBergen (ABC) with the short-term support level barely holding this stock up. Look for a move below $37.25 to get into this one. 

Here are 14 Stocks Breaking Down.

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