Three Down Trend Stocks: FSLR - CTRP - DMND

On Wednesday, the market partially recovered losses of the previous day. The volume was similar to Tuesday. However, the deterioration in technical terms has not stopped. There is one aspect that represents a major change. I mean the relationship between stocks that advanced and retreated to. In general, all lists we manage internally, the number of stocks that went up was significantly higher than those who fell. Despite this situation, our system detected a number of stocks that fell with good price patterns. That makes them candidates for shorts. Below, we present three of them.


First Solar Inc. (FSLR).- Price: US$ 25.80 (Var: -6.62%). Volume: 11.78 Millions of shares (daily MA: 5.90M). This stock is oversold but continues to fall. High volume. 
Ctrip.com International  (CTRP).- Price: US$ 24.53 (Var: - 3.69%). Volume: 7.88 Millions of shares (daily MA: 3.04M). Fell for the fourth consecutive day. Next stop around US$ 22.15.
Diamond Foods Inc.  (DMND).- Price: US$ 24.11 (Var: - 2.31%). Volume: 923,679 shares (daily MA: 3.83M). Good fall but the volume was low. Next stop around US$ 21.50.

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.