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15 Stocks That Are Breaking Down

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June 01, 2011 – Comments (0) | RELATED TICKERS: CHS , INCY , JBHT

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.

 

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