A year ago nobody would even mention T-Mobile US Inc ( TMUS ) as a market leading mobile provider. However, today the chart of T-Mobile ( TMUS ) is painting a different picture. The is now a takeover candidate if you look at the sideways base it is making on the . The weekly chart could be setting up for a breakout move in the next few weeks. Usually, the charts don't lie, and this one looks attractive.
Recently, T-Mobile ( TMUS ) has made a push to get new subscribers by covering the early termination fee from consumers other mobile providers. T-Mobile also merged with Metro PCS. Since that time the product has become much better. T-Mobile is even moving into the banking sector cashing checks without charging excessive fees. Personally, I could care less about the story, but the daily and weekly chart of TMUS makes me think this is a company that traders and investors must keep on the radar.