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MarketIntel
Mar 1, 2024 7:31 PM

T-Mobile US: Almost done 👀 Short

T-Mobile US, Inc.NASDAQ

Description

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T-Mobile US in our dark green Target Zone, which extends between $161.69 and $168.80 on the chart. We assume that a bearish trend reversal will soon set in here and that the stock will then initially fall below the support level of $154.38. Primarily, we give the current wave (B) some room to make a new high in our Zone. The probability of our alternative scenario, which envisages an already deposited high with the wave alt(B), is 35%.
Comments
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I like the idea and the double top shows. Went ahead and did some 3/15 puts
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