Sector Leaders Join In Sell-off; Align Loses 5%
Posted on June 21, 2012 at 18:13 PM EDT
All stocks in IBD's Sector Leaders lineup dropped Thursday, taking part in a broad market sell-off. Align Technology (ALGN) fell 1.58, or 5%, to 32.81 in volume that was 39% above average. The orthodontics maker closed slightly below a buy point at 33 from a double-bottom base. Align just cleared that level Monday in turnover that was 282% faster than its usual pace. It's discouraging to see a stock drop back below its buy point, but at least