15 Stocks That Are Breaking Down
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.
One that has a lot of interest to me is JB Hunt Transport Services (JBHT) which is in the process of a very nasty breakdown, currently slipping below major support, with the potential to go sub-$40.
Here are 15 Stocks Breaking Down.