FriscoTrades

$TMUS Weekly Pivot Point to be confirmed (or rejected) this week

Long
NASDAQ:TMUS   T-Mobile US, Inc.
Great ER pop as T-Mobile was entering strong demand zone.

What a coincidence :)

See if we get a confirmed pivot point this week... possible some retracement, but MACD and Williams %R indicators showing bullish confluence of a pivot point here.

Closed DEC calls up nicely, still holding JAN $120c up +66%. Stop loss just above break even.

With confirmation I think near term we see a move to $130 zone resistance, and then ATH , similar to the recent NKE move (sold my calls too soon wow Nike ! )




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.