Sprint (S)

Sprint is up about 5% since the trigger yesterday, this is a trade that really can't be called a "Cats and Dogs" trade and it closed strongly yesterday on good volume which set up a follow through day today. If today closes strongly and volume rises again, there may be more to go on this leg. This is a trade that could become one of the trending trades or at least a swing trade. The first pullback should be to the 10-day moving average.

So far, we have confirmation in every timeframe on S. Anyone in the trade, email me if you need the current situation or outlook on Sprint's breakout from the consolidation triangle. IT was a very clean breakout which bodes well for S.