BullBear Trading: Stock and Financial Market Technical Analysis

April 2018 Blog Posts (1)

Alert: Sprint $S Attempting To Breakout

Shares of Sprint (S) have been under a ton of pressure since early 2017, once word leaked out that the T-Mobile deal was unlikely to happen. The stock fell from nearly $10 to its current $5 range. However, even with the tough market conditions, Sprint is showing signs of life. Just in the last week, Sprint jumped from its 52 week low of $4.81 to $5.22. This $5.22 level represents the daily 50 moving average and a major trend line resistance point (as seen on the chart below). Show it…

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Added by Bryan Leighton on April 9, 2018 at 2:29pm — No Comments

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