Looking for a windup and breakoutNice volume and price action is holding. Sprint is still a buying opportunity. Sprint could hit $12 within 12 months. NYSE:S NYSE:S
S1 trade ideas
Unlimited by 200 Day MASprint is a decent looking buy a little lower, and it looks like it may be going towards $5 something (Or maybe higher). The company has a couple of warning signs on Gurufocus.com: I don't know what they are, (I don't subscribe to the full version yet) . The stock just hit it's 200 day moving average. Most whale investors like to see that as a qualifier for investment stocks (At least thats what I've heard). NYSE:S has invested well into it's networks and cellular users' experiences. It looks like the chart could be forming a bearish flag at this point. It does have a stock price below its Peter Lynch number, which famed investor Peter Lynch used to measure a stock's price compared to it's earnings...It basically means that the stock is possibly a good buy, if it's graphical price line is below it's graphical earnings line. CONS: Net sales are down a little in Q4 2017 from Q4 2016. Does NOT pay dividends. EBIT was down in Q4 2017 from Q4 2016. PROS: Increased cash, equity, and assets in Q4 2017. Decreased debt in 2017 Q4. High trading volume and well-known US company.
Bullish CypherKinda weird/awkward looking bullish cypher, but it measures well and has some decent bullish divergence.
Sprint LONGHello Again,
So I decide to put a CALL option on S this morning. I see more upward push than anything else.
I personally love EMA fibs as a momentum indicator and I see some convergence, therefore, a time of uncertanity. However, I see the STOCHASTIC RSI as super high, the trend is up, but this can represent some incoming price action. Hoping for some big FOMO buyers that are driven by news. I am strong beliver in the chart and I really do not care to understand what is going on in a company. I am a minotiry in that sense, however, I will not discount it. As many now of the talks of an upcoming merger with T-Mobile. This is obviously good news, but as a friend told me partnering with Sprint is the kiss of death.
Volume bars are low which tells me anyday they can turn. OBV is going up. All things up.
Long Sprint PlayOn the daily, S has tested support and failed to break multiple times. Given the uncertainty surrounding the merger, there is a potential for large move in either direction. With tight stops, this setup allows for a large upside, small downside setup.
strange activityThe gap up followed by the crash has me looking at this stock. Possible 25% up potential .
S : BUYNYSE:S
TRADE PARAMETERS
Pick Date : 04/13/18
Entry : 5.14
Stop : 5.09
Target : 7.00
Entry : 5.05
Stop : 4.95
Target : 7.00
TRADE STRATEGY
Income Type : Swing
ENTRY
5.14 is a fresh 4H demand zone RbR. Speculating a weekly trend reversal. Will be doing a set and forget limit order. One can enter in the zone at 5.16 just use risk management and position size accordingly with the suggested stop. Price will need to have a strong move into the zone. Just note this could be a bull trap area too. So I've got a tight stop but looking to re-enter right below at 5.05.
STOP
5.09 is $0.05 right outside of the low for some protection. Again this may be a bull trap so I've set another entry with a stop at 4.95
TARGET
7 is 2.00 higher in a fresh weekly supply zone with a daily 4H supply nested.
Sprint is about to run to 6Held up the support pretty good despite the market being down, MACD and RSI are rising, I think it is going to run to the next resistance, 6, in the month ahead.
Sprint american Stock longs at monthly demand imbalanceSprint #S american stock long term longs at monthly demand zone around 3.59 dollars. Very strong monthly demand level at all time lows, planning ownership of the stock at that strong monthly demand imbalance. Adding a long put option as protection is the way to go
(S)PRINT : BUYTRADE PARAMETERS
Pick Date : 03/26/18
Entry : 4.94
Stop : 4.84
Target : 6.25
TRADE STRATEGY
Income Type : Swing
ENTRY
4.94 is a new 4H demand zone . Will be doing a set and forget limit order. One can enter in the zone at 4.96 just use risk management and position size accordingly with the suggested stop. Price will need to have a strong move into the zone.
STOP
4.84 is 0.10 CENT right outside of the low for some protection.
TARGET
6.25 up in a fresh daily supply area with a 4H supply zone nested. Price will struggle to break the first test.
NYSE:S
price is consolidating near the top of the downtrend channelmore downside than upside from the chart
Sprint Corporation Is Poised For A ReboundThe Stop continues to be near the entry point. It looks like the share price is looking for a nice rebound.
Good luck fellow traders
Sprint Speculative Bullish Trading Idea.One week ago, the share price developed a bottoming tail, which is a strong reversal pattern. Since that bottoming tail, Sprint has consolidated in a bull flag pattern. This may indicate that a generous move up towards 5,94 can be witnessed. A tight stop can be located below $5.10.
Good luck fellow traders
Sprint Long TermMany indicators show that Sprint has reversed, including the most common retracement level on one of the most common indicators (Fibonacci).
Another widely used indicator is symmetrical triangle/parallel channels/trend lines. Same goes with MACD, RSI etc.
The bad news is the long term wedge Sprint is in doesn't come to a point till 2019.
It doesn't HAVE to wait that long however. It just won't be forced to make a move till then either.
It will take NEWS/RUMORS/HYPE to make the charts start moving sooner.
For now look for targets at each fib level. 0.5 0.618 and so on. The .718 fib will be the important one to look for long term.
My personal view is it's in no hurry to go anywhere right now but most likely has already hit its bottom as of 1/28/18 and will be waiting on news.
Sprint Approaching Decision Point, Suspect Short Term LongSprint's management has been active with deals to "Mobile Leasing Solutions" for $1.2 billion for sale and lease-back of in 11/2015 and another deal to "Network LeaseCo" for $2.2 billion which will further increase liquidity position and be used to restructure debt in more favorable terms. If a trend breakout happens, the company looks favorable for short-term advancement over the next 6 months to a 5.25 target.
Bullish Divergence + Support I got in a bit too early on Friday and stopped out today. Might try again
A swing on SSprint has a solid support line that it is resting on now. Should be able to play this one today.
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!
Sprint Possible shortSprint closed yesterday near resistance. look for a confirmation to the downside as market opens. look to areas of support for reversals.
