DTT Buzz
Exclusive Market Analysis, Alerts and Commentary from the DaytradeTeam trading staff
Wednesday, June 04, 2008
Sprint Nextel Corporation (NYSE:S) Potential Reversal

After downtrending and selling off over 75% since last August, Sprint Nextel Corporation (NYSE:S) looks to be setting to reverse course. This potential reversal in S is due to the inverse head and shoulders which indicates S is setting up to rally towards 15. In order for the probability of this trade to increase S needs to meet some more criteria. After that criteria is met we will most likely enter a long swing or options trade; join or Premium System for updates about this potential trade.







