JoeHayes
Long

Sprint at Critical Support

NYSE:S   SPRINT CORP
Thursday brought huge volume after earnings report and a small bounce off support. Above average volume on Friday was able to keep Sprint             from closing below its lows on 4/28. There is very noticeable momentum divergence to go along with this price level as the MACD histogram has been making a series of higher lows at this level. Looking for a 15% move for this stock back to mid 8's.
Rebound?
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JoeHayes jon.gray
I'm not a big fan of playing gaps but definitely possible. I would wait for a reversal swing point/candle some big volume to get back in though.
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Example of why it's imperative to have good after hours execution from your broker.
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