Tues July 18, 2017.1.22.pm.edt: Sprint (S) Update: “Sprint Ascending Triangle on Daily Chart Says $12.95!!!”

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Sprint (S) Saw over 40 million shares traded in the final 2 hours Friday after the Buffet news hit. Since, that time the issue has seen less then 5% of that volume and less then 2.5% of it has been sells as the issue has traded lower but over Friday’s break out price of 8.22 and on extremely less volume! Furthermore, (S) daily chart has formed an ascending triangle pattern from 5.83-9.65 as its range has tightened in a formation of higher highs and higher lows. This formation set up a big upward move to extend the range 63% over the recent $7.95 low. That would send shares of (S) to 12.95 a a share!!!!

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