Telecom Major Sprint Nextel Corp. (S) Gains Ahead Of Earnings
By Mark Moneymaster
February 08, 2010 12:23 PM
February 08, 2010 12:23 PM
Symbols: S
Sprint Nextel Corp. (NYSE: S) led from the front by mid-day trading on Monday, ahead of its earnings. The telecom stock Sprint Nextel Corp. (S) gained close to 4.4% by mid-day to breach above its 20 day MA.
Sprint Nextel Corp. (S) is now trading a shade lower than its 50 day MA of $3.65. Once the Sprint Nextel Corp. (S) manages to scale above that level, it is poised for uptrend on charts.
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