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.