Bearish Breakdowns

Bearish Breakdowns

January 8, 2007

If you are looking for bearish breakdowns, there was no shortage of them also today. The overall market action looks like a correction and shakeout. There are opportunities on both sides currently.

ALLT,Allot Communications Ltd (Google  Yahoo  Earnings BW  Chart) 
AZL,Arizona Land Income Corp (Google  Yahoo  Earnings BW  Chart) 
BCRX,Biocryst Pharmaceuticals (Google  Yahoo  Earnings BW  Chart) 
BCSI,Blue Coat Systems Inc (Google  Yahoo  Earnings BW  Chart) 
CCRT,Compucredit Corporation (Google  Yahoo  Earnings BW  Chart) 
DVAX,Dynavax Tech (Google  Yahoo  Earnings BW  Chart) 
EMAG,Emageon (Google  Yahoo  Earnings BW  Chart) 
FRD,Friedman Industries Inc (Google  Yahoo  Earnings BW  Chart) 
GVP,Gse Systems Inc (Google  Yahoo  Earnings BW  Chart) 
IAAC,Internat Asset Holdg Cp (Google  Yahoo  Earnings BW  Chart) 
IGLD,Internet Gold-Golden (Google  Yahoo  Earnings BW  Chart) 
KSW,KSW Inc (Google  Yahoo  Earnings BW  Chart) 
LYTS,Lsi Industries Inc (Google  Yahoo  Earnings BW  Chart) 
MALL,Pc Mall Inc (Google  Yahoo  Earnings BW  Chart) 
MOLXA,Molex Inc Class A (Google  Yahoo  Earnings BW  Chart) 
NFI,Novastar Financial Inc (Google  Yahoo  Earnings BW  Chart) 
NUHC,Nu Horizons Electronics (Google  Yahoo  Earnings BW  Chart) 
SCHN,Schnitzer Steel Indust (Google  Yahoo  Earnings BW  Chart) 
TGEN,Targeted Genetics Cp (Google  Yahoo  Earnings BW  Chart) 
TRAD,Tradestation Grp Inc (Google  Yahoo  Earnings BW  Chart) 
TRID,Trident Microsystems Inc (Google  Yahoo  Earnings BW  Chart) 
VC,Visteon Corporation (Google  Yahoo  Earnings BW  Chart) 
VRTX,Vertex Pharmaceuticals (Google  Yahoo  Earnings BW  Chart) 


International Asset Holding Corporation IAAC is an example of recent earnings lead breakdown.