MetroPCS Communications, Inc. (PCS)

[bowonwing]

We had gained 10% this week, we are just bouncing off the $7.72 resistance. IMO this is normal. Breaking through $7.72 is going to take some time. After we punch through this and > $8, and stay there, on to $10-12. IMO analysts are low balling PCS earnings, except Moorman at S&P, and he has $0.54 for 2009 and $0.82 for 2010. Compare these with the estimates on Yahoo. IF PCS is gaining traction in new markets like N.E., Moorman's estimates could be on the low side.

Support is at $7.53, 7.36, 7.12 and 7.00.

Resistance is $8, 8.38, 8.51 and 9.36.