Nine Weak Downtrending Stocks to Start the Week

Sep 22, 2015: 9:38 AM CST

As we start a new weak of bearish price action in the stock market, let’s focus our attention on nine persistently downtrending stocks for possible short-sell retracement candidates.

Here’s the list of weak stocks downtrending in the S&P 500:

These stocks continue to show relative weakness and downtrends as defined by lower price lows with lower price highs; we also note the bearish orientation of the moving averages.

In no particular order, we note the weakness of the following:

Joy Global (JOY)

Denbury (DNR)

Avon Products (AVP)

US Steel (X)

Wynn Resorts (WYNN)

Allegheny (ATI)

Mallinckrodt (MNK)

Freeport-McMoRan (FCX)

Keurig Green Mountain Coffee Roasters (GMCR)

The strategy would be to trade (short-sell) retracements (like bear flags) in these stocks as the trends weaken.

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Corey Rosenbloom, CMT
Afraid to Trade.com

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2 Comments

2 Responses to “Nine Weak Downtrending Stocks to Start the Week”

  1. Bearish Price Action in the Stock Market Says:

    […] By Corey Rosenbloom […]

  2. Gulam Says:

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