Downloading...
Download

Sprint

Inside day after earnings-SprintInside day after earnings is one of my favorite trade. Most stocks have much higher volatility on their earnings day and it creates lots of trading opportunities for short-term to mid-term trading. The philosophy of inside bar is about "neutral","choppy","wait","rest","digest", so an inside day after earnings is like the market still tries hard to figure out the earnings report. Therefore, when the other day the market is able to break either side, it's worth participating as there are many better analysts making their final decisions. The trade is to put a buy stop 1 cent higher the inside day high and put a sell stop 1 cent lower the inside day low, which means when it breaks to the upside first we long; when it breaks to the downside we short. I don't really suggest to trade this Sprint while it a good example for this trade today, let's see which way it breaks and how it goes!
NYSE:S
by Trader_Joe_Lee
Look Out!! Short-Term Decision Ahead for Sprint CorpOn March 29, 2017 Sprint Corp (S) crossed above its 100 day moving average (MA). Historically this has occurred 197 times. When this happens, the stock does not always continue to rise. It has a median gain of 6.404% and maximum gain of 25.566% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 47.9289. RSI tends to determine overbought and oversold levels. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is neutral and looking for direction. The RSI was trending down, but has broken that trend and could begin heading up even if it is short term. The true strength index (TSI) is currently -10.0885. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is trending down. The positive vortex indicator (VI) is currently 1.0030 and just crossed over the negative indicator. The VI determines current trend and direction. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock is trending upward and typically does so for at least a few days. Considering the moving average crossover, RSI, TSI, and VI levels, the overall near-term stock direction appears to be slightly trending upward. Based on historical movement compared to current levels and the current position in a wedge/triangle pattern, the stock could gain 2.03% over the next two weeks. The stock is about 21 days out from the apex of a wedge pattern. Typically, the stock will break significantly up or down before it actually makes it to the apex. The stock could hit the resistance line (top of trend channel) and continue onward. If the breakthrough happens on strong volume, it is a sign of continued upward movement. The inverse is different if it breaks through the support line (bottom line in wedge) which is around 8.20. If the stock breaks down with volume it could begin a new trend or use the dotted white line as a new support line. If this occurs, expect the stock to continue down.
NYSE:S
by StockSignaler
Merger Sprint-T-Mobile Speculation - release March 7thAlready for a few months the market is speculating on a merge between T-Mobile and Sprint. Ever since the stock is in a rise and increasing trend. On March 7th the CEO will talk on a conference from Deutsche Bank. This announcement is also on their website and you can follow the live-stream. The official announcement says: OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Sprint (NYSE: S) Chief Financial Officer Tarek Robbiati will speak at Deutsche Bank’s Media & Telecom Conference in Palm Beach, FL on Tuesday, March 7, 2017 at 12:55 PM ET. A live audio webcast of this session will be available at www.sprint.com The replay will be available shortly following the presentation. About Sprint Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 59.5 million connections as of Dec. 31, 2016 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America for the past five years. You can learn more and visit Sprint at www.sprint.com or www.facebook.com and www.twitter.com View source version on businesswire.com: www.businesswire.com Source: Sprint
NYSE:SLong
by Flibco124
1
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.
NYSE:SShort
by tapkcir
Sprint bounce off from major supportSprint is expected to report a smaller loss than in the first quarter as a massive network overhaul comes close to an end. Investors will look for any update on the company's planned $32 billion bid for T-Mobile, expected to be announced in the next few months. The bid has met with skepticism from regulators, who worry it could reduce competition in the near-saturated wireless market. It has earnings today before market open. Map out levels to take decisions and react. I will be a buyer close to big support level at $7.50 which acted like resistance earlier. Yesterday, we had day #1 with pivot high at $8.08, above that expect to see more buying with potential first target at $8.60ish, next resistance at $9.50-.75 area.
NYSE:SLong
by andrew.berg