Equity Oracle: 02/27/15

We traded Sprint late last year and got stopped out for a small loss but now the stock is giving us another chance to get in as a Cup & Handle pattern is showing on the daily candle charts. As you can see from the chart above, the stock dipped down to the $4 area before moving back up to form the handle. Normally we would wait for the breakout before getting into the position but I notice the volume is accelerating as we approach the breakout point and the candles are green.

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