Let's take a look at these five "toxic stocks" to sell -- and when to sell them.
Chunghwa Telecom (CHT - Get Report) is looking likely to add to recent selling with a continuation setup. It's a sell below $31.25. General Growth Properties (GGP) is forming a textbook example of a descending triangle pattern that triggers a sell below $24.50.
Calpine (CPN) has been stuck in a downtrending channel for most of the last year. This week's bounce lower means that you still don't want to own it. Phillips 66 (PSX - Get Report) is forming a head and shoulders top. The sell signal comes on a breakdown through $82.