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14 Stocks That Are Breaking Down

 June 21, 2010 02:20 PM
 

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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