5 Stocks Ready to Drop in the Next 7 days

It is no secret that in the current state of the market there are a lot of opportunities to short or buy puts against stocks.  The main sectors that have these choice offerings are the Materials and Energy Sector.  Both have been down trending for the last two months and have some stocks setting up very nicely.  Most of these have rebounded and have started to form a higher low and run into resistance on a moving average they may need a few more days to climb before they're ready to drop.  The 60 minute charts show that these stocks are running into the 200 period moving average.  With both time frames showing resistance these stocks are primed for a plunge.

Cameron International (CAM)






National Oilwell Varco (NOV)






Williams Co.  (WMB)






CF Industries (CF)






Nemont Mining Company (NEM)






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