DISH stock soars 6% higher

Dish Network Corp (DISH.US) is willing to finalize a deal with T-Mobile, according to an SEC filing. T-Mobile, which recently merged with Sprint, is selling Sprint’s Boost wireless prepaid business to DISH. The transaction should take place by July 1, DISH said in a regulatory filing, without providing detailed terms.

Dish Network Corp (DISH.US) stocks are one of the top performers during today's session. Currently price is testing resisitance at $37.59 per share. Should upbeat moods prevails upward impulse toward $42.59 could be launched. However if sellers will manage to regain control, the support at $31.00 per share may be at risk. Source: xStation5

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The mighty reversal

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