While some stocks are getting attention as they continue bullishly to new all-time highs, other stocks are quietly breaking to new 52-week lows during new downtrends.
Let’s note six of these stocks and what opportunities may be available in these downtrenders.
Breadth – the number of stocks at new highs minus those at new lows – is deteriorating.
The Dow Jones itself (30 stocks) is showing relative weakness to the broader S&P 500 Index.
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