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.
The market is extremely overbought, and prime for a pullback. To what degree that pullback shows itself as, is anyone’s guess. But the list below will provide you with a number of companies that are already forecasting that pullback through recent weakness.
Here are 10 stocks starting to break down.