Weakening fundamentals plus deteriorating technicals is a toxic brew for once-healthy companies.
I’ve scoured the marketplace and found three weakening stocks primed to go lower.
Their sector has been especially hard hit during the market swoon and the trend is continuing to point lower.
Traders who are seeking stocks to buy should focus on market leaders showing relative strength. Here are three for your consideration.
With critical support now shattered, all stock market rallies are suspect. Relative weakness plagues these three names.
They are all holding firm as the market melts down.
He’s one way to capitalize.
In short, it remains a market leader and a bastion of strength in an otherwise weak sector. If you’re inclined to buy this market dip, Apple stock deserves your consideration.
They are all poised for more upside.
The beauty of last week’s mild retracement and Monday’s pole vault is that many Dow Jones stocks are flashing attractive entry points.