Yesterday, the market fell again. And again, the volume and volatility were low. However, our Stock Picks System detected several good short candidates. Unlike last week, yesterday it was observed a decline in technical terms in a large number of stocks. This means that we are close to a major move in the market. O reacts and comes back up with force or we would see a correction.
Polypore International Inc. (PPO).- Price: US$ 35.91 (Var: -9.73%). Volume: 6.93 Millions of shares (daily MA: 3.38M). New Low. Sine our last comment, this stock has dropped 12% and now go down.
Universal Display Corp. (PANL).- Price: US$ 37.980 (Var: - 6.75%). Volume: 1.43 Millions of shares (daily MA: 1.10M). Good fall but is short-term oversold. Next Stop around US$ 32.00
First Solar Inc. (FSLR).- Price: US$ 28.08 (Var: -6.46%). Volume: 10.97 Millions of shares (daily MA: 5.54M). Its oversold but new low its very important.
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.
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