These stocks have a high debt to equity ratio and high volatility.On longer time frames,the bearish bias is crystal clear.
It will be interesting to see their price action once the Feds hike rates on the 27th of next month.
Most of them have negative YTD returns.The harsh macroeconomic environment and inflation haven't done them any favours.
It will be interesting to see their price action once the Feds hike rates on the 27th of next month.
Most of them have negative YTD returns.The harsh macroeconomic environment and inflation haven't done them any favours.
Most of the stocks are close to breaking their June lows