Each week we identify names that look bearish and may present interesting investing opportunities on the short side.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on bearish-looking names.
While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names.
Meta Platforms
Meta Platforms Inc. (FB) recently was downgraded to Hold with a C rating by TheStreet’s Quant Ratings.
This mega-cap name has seen better days. Facebook’s parent has shown all kinds of distribution on the chart, starting with poor money flow and a bearish moving average convergence divergence (MACD) crossover.
Relative strength is extremely poor and the cloud is red and…
