3309 Drysdale Ct
Edwardsville, IL 62025
Sprint (S) has been showing excellent relative strength, and is now above both the upsloping 50 and 200 day moving averages. Was strong again today. Maybe a nice turnaround story with some upside.
that makes it one of the most overbought S&P 500 stocks. Probably want to let it come in here rather than chasing.
I hold some from lower levels, but I would wait for a pullback to the 50day to add.
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Look at Sprint.
Posted by mfogli1 on 28th of Jun 2012 at 07:12 pm
Sprint (S) has been showing excellent relative strength, and is now above both the upsloping 50 and 200 day moving averages. Was strong again today. Maybe a nice turnaround story with some upside.
It's also almost 2 standard deviations above its 50D MA
Posted by lessarda on 28th of Jun 2012 at 07:27 pm
that makes it one of the most overbought S&P 500 stocks. Probably want to let it come in here rather than chasing.
Yes, I agree
Posted by mfogli1 on 28th of Jun 2012 at 07:33 pm
I hold some from lower levels, but I would wait for a pullback to the 50day to add.