Monday, May 14, 2012

10 Stocks with Trendline Breaks

In technical charting there is nothing more certain a trend will change when a stock breaks its trend line.  As the news has continued to develop more of a bearish pace recently I have seen more and more  trending stocks begin to break their trend-lines.  In a bull market a trend-line is the demand line it is the pace at which buyers will buy the stock after a pullback. Right now not many stocks are being bought during the pullback over the recent weeks.

I have compiled 10 different stocks that have broken their trend-lines, and have a bearish tilt to them.

Home Depot (HD)



Chevron (CVX)



Coach (COH)



McDonald's (MCD)



Starbucks (SBUX)



Costco (COST)



Adobe (ADBE)



Intel (INTC)



Microsoft (MSFT)



Exxon (XOM)


Disclaimer: This article is intended to be informative and does not constitute any buy, hold, or sell recommendations. and should not be construed as personalized advice as it does not take into account your specific situation or objectives.

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