BullBear Trading: Stock and Financial Market Technical Analysis

Smart Money Shorting Sprint $S At This Level

Earnings from Sprint Corp (NYSE:S) were at rockstar status today. The stock is surging, trading at $5.79 +1.19 (+25.87%). Big money is watching the gap fill on the chart at $6.20 as a shorting level. Until then, it is not worth stepping in front of this train. Fantastic move but there will be a trade here in the next few days on the short side. See the chart below.

 

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By Pro-Trader

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