Breakdown Coming On Sprint $S. Know This Level…

Shares of Sprint Corp (NYSE:S) are ready to break lower, out of a bearish triangle pattern on the daily stock chart. For the last few weeks, Sprint has been hammering on the bottom of the triangle and should break next week. The downside will be swift with cell carrier heading to $7.40, the daily 200 moving average. This is where it will find significant support and a likely buying opportunity.

 

 

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