The S&P 500 index is only down 4.7% from its all time high, but some of the popular stocks have been down 20% to 68%! The stock market seems fine many big stocks are already in bear market! When one think of stocks that dropped 20% to 68%, one would think they have dropped too much, oversold, and ready to bounce, right? They probably look that way when you look at their daily charts, but when you take another perspective and look at their monthly chart, you would be as scare as me. I randomly pick some popular stocks and present to you as follows, see if you are as scare as me:
AAPL: Stock dropped sharply from all time high in the last 4 months of last year, then bounced strongly for 4 months, only to see it drop big again this month. It's monthly chart now has formed a Continuation Down pattern and is starting another leg down. It is down 22.8% from its all time high.
NVDA: Stock dropped precipitately during the las 3 months of last year, it bounced weakly for 3 months, it then reversed down and formed a Continuation Down pattern on the weekly chart. It sure look like it might drop as much as the last leg down again. It is down 51% from its all time high.
QCOM: Stock rallied sharply last month when it settle lawsuit with AAPL, however it failed a antitrust lawsuit a few days ago. It dropped sharply and formed a Piercing Reversal pattern. Sure looks like more downside to come. It is down 27.6% from its all time high.
INTC: Stock was strong before it released is first quarter earning. It has reversed and formed a Double Top pattern. Double Top is usually not a good thing to have. It is down 26.4% from its all time high.
AVGO: Stock rallied strongly during the last 6 months of last year only to see it formed a Bearish Engulfing pattern. It looks like the beginning of a down trend. It is down 21.3% from its all time high.
BABA: The Chinese online retail giant has formed the second top of a bearish Double Top pattern and has just start to drop again this month. It is down 26.9% from its all time high.
MMM: The Dow component has started the second down leg of a Continuation Down pattern. It is down 34.5% from its all time high.
SWKS: Stock has formed a bearish Head And Shoulder Top pattern and look more downside in the making. It is down 34.5% from its all time high.
SINA: The parent of the popular social media Weibo is down 68% from its all time high. Can it find bottom?
标准普尔500指数仅从历史高点下跌4.7％，但一些受欢迎的股票已下跌20％至68％! 股市似乎很好很多大股已经在熊市中！ 当股票下跌20％至68％时，人们会认为他们已经下跌太多，超卖，并准备反弹，对吗？ 当你看他们的日线图时，他们可能看起来是那样，但当你采取另一种观点并查看他们的月线图表时，你会像我一样害怕。 我随机选择了一些受欢迎的股票并按照以下方式呈现给您，看看您是否像我一样恐慌：
AAPL：股价在去年最后4个月从历史高点急剧下跌，随后大幅反弹4个月，但本月再次大幅下挫。 它的月线图现在形成了一个延续下行模式，并再开始下行。 它从历史最高点下跌了22.8％。
NVDA：股价在去年最后3个月期间急剧下跌，后3个月昨反弹微弱反弹，随后反转并在周线图上形成持续下行模式。 看起来它一开始了下一波下降。 它从历史最高点下跌了51％。
QCOM：上个月，当QCOM与AAPL达成诉讼妥协时股价大幅上涨，但几天前它输了反垄断诉讼。 它急剧下降并形成了阴阳线反转模式。看起来会有更多下跌。 它从历史最高点下跌了27.6％。
INTC：在第一季度盈利公布之前股价表现强劲。 但在财报后已经逆转并形成了双顶模式。 双顶通常不是一件好事。 它从历史最高点下跌了26.4％。
AVGO：股价在去年最后6个月强劲上升，但这个月形成了看跌吞没模式。 它看起来像一个下降趋势的开始。 它从历史最高点下跌了21.3％。
BABA：这家中国在线零售巨头已经形成了看跌双顶模式的第二高位，并且本月刚刚开始下跌。 它从历史最高点下跌了26.9％。
MMM：这家道指成份股已经开始延续下行模式的第二波下行。 它从历史最高点下跌了34.5％。
SWKS：股票已形成看跌的头肩顶格局，看起来还有下行空间。 它从历史最高点下跌了34.5％。
SINA：受欢迎的社交媒体微博的母公司从历史最高点下跌了68％。 它能找到底部吗？
TCEHY：腾讯是中国最大的科技公司之一。 股价从历史高点下跌32.59％。 它刚刚开始了看跌继续下行模式的第二波下跌。
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