Oppenheimer’s 10 ‘Worst Of The Worst’ Stocks To Sell On Technical Weakness

Oppenheimer technical analyst Ari Wald’s new report out this week highlight’s the firm’s 10 “Worst of the Worst” stocks to sell on technical weakness. Here’s a breakdown of the 10 names included in the report.

1. ConocoPhillips COP 1.91%

Support that had been holding for ConocoPhillips throughout 2015 recently broke down, leaving more room to the downside for the stock.

2. CONSOL Energy Inc CNX 2.59%

After CONSOL recently broke below a support level dating back to early 2012, the bottom fell out of the stock. CONSOL is now trading at 10-year lows.

3. Nucor Corporation NUE 3.11%

Nucor is currently in danger of breaking below a support level that held for the stock earlier this year. A breakdown below that level would leave much more room for downside.

4. Owens-Illinois Inc OI 0.05%

After forming a series of lower highs throughout 2015, Owens-Illinois is…

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