looks like they have put in a base for TMUS for now. i ike this bullish candle on the daily for TMUS as well as an unusual amount of orders coming into the stock in the last 3 days. i am looking for a bounce to atleast the 38 but this pattern has room att the way up to the 786. maybe TMUS makes a pre earnings run for a nice earning short.
NOT FINANCIAL ADVICE
Let's see if we get a .382 bounce or if they take it down to the .618 , in which case I'd be loading.
I'm Bullish and like the technicals on the longer time frame and have posted charts , however if you're day trading and/or like Fibonacci levels, beautiful price action here.
Let's see how they close the year!
Still holding JAN 21 $120 calls on TMUS
MACD cross and holding nicely after a solid bounce at support (hammer candle)
I'm looking for a move to $123.5 and a rally similar to first week in NOV' 20
A break below $114 I'll exit the trade at a loss.
Worth having on your radar, as I believe this may be a pivot point and the start of an uptrend.
T Mobile swing trade working, JAN 120calls up 18% now . Should have loaded more after hammer candle but had plenty of risk on already.
Momo turning with weekly MACD ready to cross (bullish confluence).
Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE...
The PEAD projected a Bullish outlook for $TMUS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
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Description
TMUS began its bear market following the major trendline break in August. It has now broken through major support at 108.5 established SEP - OCT of 20'.
The break through 108.5 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in...
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...
Severely oversold on the weekly RSI and MFI.
breaking out from under wedge (Whiteline) and forming a double bottom that I think could carry TMUS back to 129. But first it needs to crack 123.30 fib resistance
Looks like a good entry for a long here as an idea on TMUS weekly. Over sold, at a good support zone, with 150EMA below for stop loss target.
ER this week wouldn't be surprised if it sparks a pivot point here to at least get a bounce similar to Nike's (NKE) recent price action.
I'm in DEC and JAN $120C
Price target at least $130 for a head and shoulders...
Weekly analysis, meaning that this analysis concerns the medium-term investor
Important weekly support at 115.89, if prices close below it as a weekly close, the cup and handle pattern is confirmed
The target becomes 81.50, with a drop of 30.00%.
Stop losses if it closes weekly above 122.66, with a loss of 5.75%
T-Mobile US, Inc. engages in the provision of wireless communications services under the T-Mobile and MetroPCS brands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company was founded in 1994 and is headquartered in Bellevue, WA.
NASDAQ
