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%
This thing gapped up one year ago, finally comes back down 190 bars (1D) later for a pullback.
Chart Setup:
- Timeframe: Daily
- Backtested using this strategy to scan for reversals (could be false, but decent win-rates to convince that it could be sometimes be true)
- Using price gaps to identify trends, then using volume profile - fixed range (VPFR). to...
Possible Double Bottom.
TMUS has pulled back a lot since it's high of 150.20. Negative moving average crossovers noted including the 50 crossing down through the 200 which is known as a death cross. I have noticed when a security is at the bottom, moving averages look awful as a rule and they are lagging indicators, but something to be aware of. Price is the...
TMUS is waaay to cheap at this point. The market is a wreck but this one should be an easy swing of the double bottom. Playin $118 call option expiring 10/22.
Can be little more SHORTs ?
Looks like the is no support on side of T Mobile . What are you thinking , TMUS can be reanimated ?
I will try to short it, with a small distance of "Stop Loss"
Entry price: 129-131$
Target 1: 135-137$
Target 2: 142-144$
RSI: the asset is oversold, therefore pullback might occur in the near future.
Keltner Channel: The price under the lower band.
Conclusions: RSI and Keltner Channel suggest the bullish momentum of the asset, moreover, the price oscillates on the support level. Therefore the long position is recommended in...
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
