Another rough day for the bulls today, breaking through the key support levels they spent the last three fighting to reclaim. Right now I am watching whether or not the market drops below last week’s lows, if that occurs, you have a confirmed downtrend in place with a lower-high and lower-low in place.
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.
Here are 21 Stocks Breaking Down.
