HauzKhas

In trading on Thursday, shares of T-Mobile US Inc (Symbol: TMUS) entered into oversold territory, hitting an RSI reading of 29.3, after changing hands as low as $55.23 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 51.9. A bullish investor could look at TMUS's 29.3 RSI reading today as a sign that the recent heavy selling is in...

This finds which have formed Cup-with-Handle patterns which are at least 8 weeks long and at most 9 months long. The beginning, or left side, of the cup, has to start after a rally of at least 30%. Then a 20% to 30% correction from the old high (left side cup edge) must occur. The stock then builds a rounded base which slowly climbs back toward the old high ...

The $SPY is going down before, smart money is buying again