DTT Buzz

Exclusive Market Analysis, Alerts and Commentary from the DaytradeTeam trading staff

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.

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Best Regards

Keith Greff Jr
Trade Analyst

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