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Sprint Corporation Message Board

  • Daytrader_98 Daytrader_98 Feb 10, 1998 12:22 PM Flag

    Resistance at 52 13/16

    Unless Sears can pass 52 13/16 on heavy volume, then it will go back down short term, but trend is still up. Volume is dry today considering the fact that Dow is up 111 points today. At today's pace, Sears should have average volume of around 1.7 million give or take 100K shares. Slight ly negative but not to worry much.

    51.50 held well today, eventhough it was as low as 51.4375 but for a very short period. Expect it to go by next week to 55. Hold on for move to 55 early next week, and maybe as high as 58 intraday right after the conference meeting.

    Good Luck

 
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