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20 Stocks That Are Breaking Down



August 12, 2010 – Comments (0) | RELATED TICKERS: USO , EMC , CSCO

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. As I thumbed through the different charts I noticed stocks trading at its peak, and finally showing some vulnerability, and on the other extreme I saw a few stocks that had been in a channel near or at its lows, before finally breaking down below those previous lows.

The industries that are popping up on the list the most are semiconductor and oil-related companies. The rest is a mixed bag of companies in various sectors. 

Here are 20 Stocks That Are Breaking Down.

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