Witches, ghosts, ghouls, and stocks with scary lows – Halloween is here!
While stocks with sudden share price drop may seem scary, they are actually great stocks for your watchlist. They give traders an opportunity to profit on a rebound or invest in a solid company trading at a temporary discount.
Thankfully, MarketClub’s Trade Triangles were created to not only tell members when a bullish move is identified, but also when a trend shifts into a solid bearish move. This can help someone profit on a short position, or exit and wait for the move to bottom out.
A MESSAGE FROM OUR VALUED PARTNER
There’s a new kind of transportation. It’s not electric cars or electric trucks. It’s not public transportation like buses or trains. And it’s not Uber or Lyft. In fact, it’s busy taking market share away from ALL of those.
Maybe you’ve seen this patented tech, but you probably haven’t considered how lucrative this $177-billion industry actually is. One stock has shot up 2,000%… another is now up 5,700%… and yet another is up 12,800%.
And THIS Stock (With Critical Tech Patents) Could be Next.
We’ve used our member-only scan to find 5 stocks with scary lows that could be worthy of your watchlist.
When one of these stocks turn around, members will see a new green signal and a positive change in the trend rating.
Macerich Company (MAC)
MAC is down 68% since making an all-time high on 3/9/15. MarketClub members received the most recent red Trade Triangle on 9/24/19 at $54.98, saving them from riding another 43% downward move.
While MAC has been showing some intraday and short-term strength, this stock remains in the confines in a bearish trend.
Viacom, Inc. (VIAB)
VIAB is down 23% from the all-time high made on 3/10/14. Members were spared another 25% drop when they were signaled to exit on 8/14/19 at $27.52.
CBS Corporation (CBS)
CBS had reached above the $65/share level many times over the years. However, the stock has fallen more than 49% since hitting an all-time high on 4/5/17, the only time the price moved above $70.
Since issuing a red Trade Triangle on 8/14/19, CBS has fallen another $11/share.
Keane Group, Inc. (FRAC)
Since FRAC began trading on 1/23/17, the stock has slowly but steadily dropped more than 78%.
After a small rally in the beginning of this year, our technology spotted a bearish trigger and issued a new signal on 5/10/19 at $9.15. FRAC has dropped another 50% since members received that exit signal.
Vermilion Energy Inc. (VET)
VET saw a steady rally since it’s public debut on 9/13/10. After hitting an all-time high on 6/16/14 at $72.19, the stock has moved down with a few short-lived moments of traction along the way.
This stock saw stabilization at the $25/share mark. However, our technology warned members on 5/7/19 at $23.12 of a bearish decline. Since this Trade Triangle was issued, VET fell another 40% and is now trading a hair under $14/share.
Don’t let this sharp stock declines scare you away.
While these stocks may continue their downside moves, our Smart Scan Score and Trade Triangle signals will detect signs of a bullish reversal for you!
Join MarketClub now and put our scans, alerts, and signaling tools to work.
Begin your 30-day MarketClub trial.