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.
One that has a lot of interest to me is JB Hunt Transport Services (JBHT) which is in the process of a very nasty breakdown, currently slipping below major support, with the potential to go sub-$40.
Here are 15 Stocks Breaking Down.© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
