These 3 Stocks Are Breaking Down. Here’s How Low They Could Go
Flashing bearish technical signals right now, here’s how we’d play these names.
Flashing bearish technical signals right now, here’s how we’d play these names.
– $PROF +19% (preliminary Q3 revenue was about 45%-47% above consensus, with gross margin expected above 70%)
– $HAE +14% (no fresh company catalyst confirmed; unusually large move on light premarket volume)
– $WOLF +13% (received a conditional commitment for up to $1.5B of 30-year U.S. defense financing, partly offset by warrants for up to 7.5% of diluted equity)
– $EFX +4.5% (no fresh company catalyst confirmed; unusually large premarket move)
– $APA +3.1%, OXY +2.5%, DVN +2.4% (oil producers rise as WTI and Brent jump roughly 4.5%)
– $PLTR +2.3% (extends AI-software momentum despite weaker index futures)
– $PEP +1.6% (Q3 revenue and profit beat expectations; a better-than-feared quarter offsets a cut to the FY earnings-growth outlook)
– $ARGX -15% (Phase 3 UNITY study in Sjögren’s disease was stopped for futility, overshadowing positive Phase 2 celiac-disease data)
– $GLW -3.3% (no fresh company catalyst confirmed; unusually large premarket move)
– $EQIX -3.0% (rate-sensitive data-center REIT falls as the 10-year Treasury yield climbs to roughly 5.33%)
– $NXPI -3.1%, $AMAT -2.5%, $LRCX -2.9%, $HPE -2.0% (semiconductor and hardware names weaken as Treasury yields rise and global technology shares sell off)
– $SHW -2.7% (crude-oil surge raises petrochemical feedstock and input-cost concerns)