Sprint Nextel breakout watch

[Stocks4life]

good move today, looking for a breakout after a long consolidation period

BREAKOUT WATCH for possible breakout above 6.04, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 6.58, 9.1% Stop: 5.82, Loss: 3.5%, Profit/Loss ratio: 2.6 : 1 - Good

CURRENT PRICE 6.03, at resistance, 5.93 ± 0.11, type triple, strength 5

RESISTANCE ABOVE None.

SUPPORT BELOW -5.1% at 5.72 ± 0.11, type triple+, strength 10
-8.1% at 5.54 ± 0.11, type triple, strength 9

Stock chart

source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=S

 

[Stocks4life]

S at 6.21 good follow through so far

 

[Stocks4life]

S slow grind higher may have another breakout

BREAKOUT WATCH for possible breakout above 6.34, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 6.86, 9.2% Stop: 6.13, Loss: 2.4%, Profit/Loss ratio: 3.8 : 1 - Excellent

source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=S