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Neckline of a potential double top has been broken, now targeting support for profit taking.
I really like this trade because it has a great technical pattern with the inverse head and shoulders along with a great risk reward. It looks great on all time frames, on the weekly and monthly its in a bull flag formation. TMUS looks ready to move to the upside with the next phycological resistance being at 150$.
Here we have a steady uptrend meeting some weekly consolidation on the daily chart. The weekly shed some insight to where the stock might be headed sooner than later. We have a bull flag pennant on weekly chart with a flagpole ~26 points. Major uptrend in linreg where we have a nice steady channel. Looking for this to break up. Just what I see not advice!!
The PEAD projected a slight bullish outlook for $TMUS following a positive over reaction after its earning release, placing the stock in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Green Line - Entry Target Red Line - Exit Target Pink Line - Stop-Loss Highly suggest using Google to Search "Transparent Traders" if you're trying to get to the next level. Transparent Traders exists to solve the critical issues facing our traders, both large and small. Our unique approach is not only what differentiates us, but also what makes us...
Green Line - Entry Target Red Line - Exit Target Pink Line - Stop-Loss Highly suggest using Google to Search "Transparent Traders" if you're trying to get to the next level. Transparent Traders exists to solve the critical issues facing our traders, both large and small. Our unique approach is not only what differentiates us, but also what makes us...
TMUS pops in the afterhours and commentary regarding 5G could lead to much higher levels for the stock. The stock has traded within a very well respected Channel so the upper trendline must be considered as a target, which is also in confluence with the 1.618 Fibonacci expansion level.
T-Mobile US has chopped sideways after gapping higher. Now it may be ready to break out. TMUS jumped to $115 for the first time ever on August 7 after its quarterly results. The shares inched slightly higher by early September before pulling back with the rest of the market. This consolidation now resembles a bullish flag or high basing pattern. TMUS has...
Sector: Communications Industry: Wireless Telecommunications Employees: 53000 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.
This is my first test of what I've learned about Stochastics, Elliot wave theory, and the fibinachi retracement levels.
Bullish breakout on higher Volume , Buying Zoon ( 116 - 112 ) - Stop 107.80 T-Mobile continues to lead the wireless services market in subscriber and revenue growth.
TMUS bought sprint... 5g power play... I don't like holding during and after earnings.. but I'm placing my bet here for long.