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 seems
to be leaving them in a very 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.
A couple of stocks that I would pay close attention to is Bed Bath
& Beyond (BBBY) and Finish Line (FINL) – the latter which has been
historically a shorting favorite of mine.
Here are the 14 Stocks that are Breaking Down.
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