TMUS formed a nice double top pattern at the daily chart
Enter a short around 70$
Stop loss at resistance level around 74$
Price target = Breakout point (70$) - Height of the pattern (Resistance - Breakout ~ 4$) = ~ 66$
Enter a short around 70$
Stop loss at resistance level around 74$
Price target = Breakout point (70$) - Height of the pattern (Resistance - Breakout ~ 4$) = ~ 66$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.