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Sprint Nextel

I like the action in Sprint Nextel. I think the stock bottomed last August. How many stocks this past week were up on Wall Street? Not too many. Actually, Sprint is uptrending for the past few weeks with postive OBV and Money Flow. The RSI is also bullish. I think the worst days are behind the stock. Technically, the stock has some overhead resistance around 20.50, so maybe wait for a pullback before jumping in. Here is the chart.

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