20 Stocks That Are Breaking Down
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.