#SPRINT CORPORATION BUY SETUP#SPRINT CORPORATION -expansion bullish at support MA21 TRIGGER BUY ABOVE DOJI CANDLELongby omidmoradiUpdated 8
S - bull flagS simple setup break abouve recent highafter price createt a bull flag note the vol is high on up days and low on down days high potencial targets on chartLongby A_Swissa5
S longWhite rectangles = possible entries with tight stops. Target = green parallelogram Longby takuo_takuo116
great flag formation for a breakout The EMA9 is a follower of momentum and the price respect that, the only thing that I am concern is that is a little overbought Longby AntonioNaVi2
1 Day Sprinting BullOverall monthly there is a downwards wedge, signifying breakout. Weekly trend has a strong upwards trough from 13-14th. At the daily level, 3 Green Soldiers Candlesticks can be displayed at the 5 minute ticks, showing strong buying pressure from bulls prior to close on the 14th. Looking at the S/RSI indicators below, displays low 30.00s, prior to yesterday's close, signalling oversold conditions; my expectation is that execution will be easy to come through. However, if there is high supply volume of sells, we can expect the price to crash; though not-likely. I am feeling with 75% confidence that this is bearish outlook for tomorrow. All may change with the 08:00 AM news. Strategy: Enter @ $3.49-3.50 depending on pre-market trading activity. Set stop loss limit at $3.41, since it would have to tank and fall through the $3.45 support. If it breaks the $3.52-3.53 resistances, with strong lengthy candles, we can expect a target exit price of $3.57/8 and/or above. The risk reward ratio is 1.33 conservative to 2.33 aggressive.Longby BLOOBERRYUpdated 4
S - ShortSprint hit and appears to have rejected a resistance level of 3.9 with a dark cloud cover candlestick reversal pattern (the last candle opened above the close of the previous day, but closed down below its midpoint). Its RSI is also rather high.Based on historical support provided at 3.5ish back in November and December i predict that the stock will trend down and possibly consolidate between those two levels for a while. Over the next day or two a short position may exist. If the stock tries and rejects the support at 3.49/3.50, a long position may be possible with the expectation to take profits near its next approach to 3.9.Shortby tapkcir1
S -- COVERED CALL IDEAWith an implied volatility rank of 70, an implied of 63, and a 10%+ return for the nearest out of the money short call, S meets my criteria for a decent covered call play (plus the darn thing's so cheap). Buy 100 Shares S at 3.85 Sell 1 Feb 19 4 short call Entire Package: $358/contract Max Profit: (If Called Away at 4) $42/contactLongby NaughtyPinesUpdated 1
Sprint Corporation: consolidation under support levelOn the daily chart, Sprint Corporation is testing the support level at USD 5.5 from below. Notably, the stock broke through this level last year. The name is consolidating under this level, which could mean it may break out of this level to the upside, unlike the situation in September 2014. The price may also move downward toward the support level of a rising trend that formed in early 2015. Investors are advised to benefit from this movement, with buy-ins toward the USD 6 mark. My forecast participates in the Market Forecaster contest. Follow the link to vote for it and help me win the top prize. Thank you.Longby Drop21