Many indicators show that Sprint has reversed, including the most common retracement level on one of the most common indicators (Fibonacci).
Another widely used indicator is symmetrical triangle/parallel channels/trend lines. Same goes with MACD, RSI etc.
The bad news is the long term wedge Sprint is in doesn't come to a point till 2019.
It doesn't HAVE to wait that long however. It just won't be forced to make a move till then either.
It will take NEWS/RUMORS/HYPE to make the charts start moving sooner.
For now look for targets at each fib level. 0.5 0.618 and so on. The .718 fib will be the important one to look for long term.
My personal view is it's in no hurry to go anywhere right now but most likely has already hit its bottom as of 1/28/18 and will be waiting on news.
Another widely used indicator is symmetrical triangle/parallel channels/trend lines. Same goes with MACD, RSI etc.
The bad news is the long term wedge Sprint is in doesn't come to a point till 2019.
It doesn't HAVE to wait that long however. It just won't be forced to make a move till then either.
It will take NEWS/RUMORS/HYPE to make the charts start moving sooner.
For now look for targets at each fib level. 0.5 0.618 and so on. The .718 fib will be the important one to look for long term.
My personal view is it's in no hurry to go anywhere right now but most likely has already hit its bottom as of 1/28/18 and will be waiting on news.