As you can see here we are sitting on a support line I drew on the 1 hour chart. We have formed a double top on the daily chart. I am looking to either gap below this level or breakthrough, retest and buy puts on the 15-minute chart with high volume. The bottom green demand zone would be my profit target.
Short interest is just above 5%.
Top line slopes down and bottom line slopes up = Symmetrical Triangle.
Triangle targets are calculated from the point of the break. A symmetrical triangle has 2 sloping lines so targets are difficult to guesstimate as there is no way to know where this will break.
Triangles are consolidation patterns.
No recommendation
"Experience Growth Potential and Customer-Centric Innovation in the Telecom Industry"
**Reasons to Buy T-Mobile Stock:**
- **Robust 5G Network Expansion:
** Positioned at the forefront of 5G technology,
--
T-Mobile's network is poised to lead the way
in the next era of wireless connectivity.
- **
Customer-Centric Approach:
** With a focus on innovative...
T-Mobile US Inc. (TMUS) presently breaking through key resistance.
A weekly settlement above this resistance would place (TMUS) into a buy-signal with potential gains of 5% - 10% over the next 1 - 2 months for short-term traders, and gains of 20% expected over the next 6 - 8 months for long-term investors.
Inversely, failing to close above this resistance...
T-Mobile US (TMUS) broke today above the Lower Highs trend-line of April, the long-term Resistance and will most likely close the first 1D candle above the 1D MA50 (blue trend-line) since August 16. This is the first bullish break-out signal of this pattern. The second will be if the price breaks above the 1D MA200 (orange trend-line) / 1W MA50 (red trend-line)...
Slowly but surely, T-Mobile US is answering the call of our dark green target zone between $161.69 and $168.80, heading further upwards. To finally pick up the receiver and complete wave B in dark green, the share should develop a three part upwards movement consisting of waves a, b and c in magenta, which should carry it above the resistance at $154.38. However,...
1. RSI Bearish Divergence in the upper timeframe, at the top of a long term uptrend, concluded 5 months ago.
2. Market showing signs of distribution as illustrated by the erratic price action it has been subject to since the last quarter of 2021.
3. The bias is to look for short opportunities.
4. 2 Weeks ago the yellow trendline breakout, close to the...
Bloomberg reports AMZN in talks with telecoms and the carriers all sell off in response to the news. Reuters reports AMZN says they are not talking to telecoms and now we wait for investors to either buy back their positions or continue selling due to the spike down in prices. Which side are you on? The side I'm on will be selling PUT options next week on TMUS,...
Bulls certainly don't want this key area to break. While QQQ has risen of late the rest of the markets have not. Particularly value stocks have been underperforming vs growth.
Unless we see that trend reverse we are left with two basic options. Value will start to outperform to the upside or Growth will start to correct to the downside faster.
What does that...
T-Mobile (TMUS) has been trading within a long-term Channel Down pattern and yesterday started rebounding after hitting the 1W MA100 (red trend-line) for the first time since October 13 2022. That fractal is very similar with the current sequence. This is a buy call and with it we are targeting the 1D MA50 (blue trend-line) at 143.50.
Attention is needed as we...
The PEAD projected a bullish outlook for NASDAQ:TMUS after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Earnings 4-27 AMC
Targets in green are for a break up from the horizontal trading channel and targets in orange for a break to the downside,
No recommendation.
Neutral pattern until broken.
Price is above the .236
52 Week Range
120.90
154.38
Day Range
144.90
146.05
EPS (FWD)
7.15
PE (FWD)
20.40
Div Rate (TTM)
-0
Yield (TTM)
-0
Short Interest
5.48%
Market Cap
$175.86B
Hi this tmobile stock is looking decent in the long term sense. maybe a 10-20 Year Outlook, people aint going to give up phones before another asset quote unquote. Lets see where the price ends up.
Last week T-MOBILE stock produced a breakout setup and this week retested entry point. Let’s see if this system I put together works on stocks as well!
