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15 Stocks Breaking Down



April 08, 2011 – Comments (0) | RELATED TICKERS: DELL.DL , BTX , GVA

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.

Dell (DELL) has a a lot of intrigue, because you have a well-defined short term downtrend in the that if it breaks to the upside, you know to get out with a small loss. And if it can break through support at $14, there is a strong chance that you will see it move into the lower $13's. I would likely put my stop if I end up shorting it at just above yesterday's highs.

Here are 15 Stocks Breaking Down.

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