This pull back is not even very serious. The three major indices closed above the SMA18 days and the major technical indicators mostrron not much damage. Again, the volume was kept at a low level and the slightly increased volatility.
Given this situation, our system detected a good number of stocks that showedsignificant drops and become in potential shorts. Below we present three of these stocks.
Spreadtrum Communications Ads. (SPRD).- Price: US$ 15.65 (Var: -6.65%). Volume: 1.01 Millions of shares (daily moving average: 1.25 M). Start a new leg down. Next stop around US$ 14.20.
SodaStream International Ltd. (SODA).- Price: US$ 32.20 (Var: -5.60%). Volume: 1.73 Millions of shares (daily moving average: 1.79 M). New low but is oversold. Next support level at US$ 29.82.
Walter Energy Inc. (WLT).- Price: US$ 57.83 (Var: -5.27%). Volume: 3.51 Millions of shares (daily moving average: 2.57 M). Good fall with high volume. Its ready to go to new low.
Free Down Trend Stock Picks includes three stocks that have experienced daytime significant price falls. These stocks have been selected from a list includes stocks that have shown the worst performance of the last 52 weeks.This means these are stocks with a medium-term downward trend.
Investors need strategy to obtain constant results. If an individual isn`t aware of, or doesn`t comprehend, how their philosophy and perceptions impact their understanding of industry information, it seems as if it is the market`s habits that is producing the insufficient reliability. Due to this understanding, it makes sense that the best way to prevent failures and obtain constant income is to learn more about the marketplaces. Technical Analysis
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