[isatrader]

Which brings to me Playtech (PTEC). This has just dropped below the weekly 30MA and is in the same group and the other fallers. Four weeks ago it has had a fall with large volume and then three more losing weeks all at more volume than usual. It is now at a recent resistance level and if it drops further on Monday then I may go short, i.e. lay, this stock.

It looks a good candidate for a short as has just made a Stage 4A breakdown at the close this week, although still some near term support to clear around 650 zone. But the technical attributes have dropped to a 1 out 9, so it's technical setup is certainly very weak and suggests it will breakdown further imo.