Digital World Acquisition is having a rough go of it right now.
The big purchases in these two concerns have come in just the last two weeks.
Let's take a look at the charts and indicators.
These recently downgraded names are displaying both quantitative and technical deterioration.
What's going on here?
Here's what traders who are long from our previous recommendation should consider.
The charts of the entertainment giant are modestly positive before it reports fiscal third-quarter results after Wednesday's close.
The charts and indicators of the streaming company are mixed, though the shares have yet to display a bottom reversal.
These recently downgraded names are displaying both quantitative and technical deterioration.
The shares of Facebook's parent could slide even more than they already have because of increased competition for eyeballs.