Here's where traders could probe the long side of NAPA.
The charts of the brewer look vulnerable after a fundamental downgrade.
We see a weakening picture for the stock, based on the charts and indicators.
The handful of wine producers that are publicly traded are in negative territory for the year, with one in particular suffering mightily.
PEP remains a free cash flow beast.
The beverage and snack food giant is seeing shares get a boost from its results and outlook, but the bigger technical picture isn't encouraging.
The shares are sinking despite an EPS and revenue beat.
Plus, Meta Platforms plans to cut back on staffing levels, and PepsiCo reportedly may do the same.
These recently downgraded names are displaying both quantitative and technical deterioration.
Traders have reversed gears from being aggressive buyers to aggressive sellers.