TM5 trade ideas
T-Mobile 61.8 Level and Daily Resistance Possible Break to 🎯Here We have T-Mobile. I think that in times like these it is quite possible that even T-Mobile could muster up some bullish momentum to hit our target. I say this because price has reached a key level including a Daily Resistance Level and our Infamous 61.8 Fib Level. If we get an ascending break through what would be both of these levels simultaneously we could see momentum push to the Target 🎯
TMUS =T-Mobile US Inc buy S -SprintGovernment has finally given the OK for the merger of TMUS & S
If NY attorney general does not like this merger
they should have stopped VZ =verizon from buying all those other baby bells !!
Baby Bells are what they broke off from AT&T in the late 70's !
the good news helped this stock clear a resistance/support line !
amazing how the timing happens at times
TMUS - DAILY CHARTHi, today we are going to talk about T- Mobile and its current landscape.
T- Mobile enters in the spotlight of the market as have announced that John Legere will leave the seat of CEO of the company, been replaced by Mike Sievert in April 2020. The former CEO that has been leading the company since 2012 will remain a member of the board. Its replacement Mike Sievert is the current president and chief operating officer (COO). The transaction period seems set to be smooth as Legere will assist with the acquisition process of its rival company Sprint, that it's controlled by Softbank that also holds control of WeWork, where Legere its quoted to be the new CEO.
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Long-Term Investment (Cup-N-Handle)Just came across this today. Incredible long-term investment, completed and confirmed bullish cup-n-handle formation to $120.
Measure the low-to-high of the cup at a 90° degree angle as if it were straight. Now, because the formation is a little obtuse, what you wanna do is use the same trajectory as the second quarter of the cup (before the handle), and continue the trajectory upward by equal distance from breakout point (as measured in the cup). It is highly likely to arrive at the calculated target.
Always loved this company, they deserve this great formation.
T-Mobile - DONT Bet Against it Large cap stock with trend line support. Excellent growth and a future merger with Sprint will unlock huge value. I have accumulated positions here and will add upon breakout. My stop is a close below local low and trend line support.
Drop a like and make sure to follow for future ideas!
Daily TMUS stock trend prediction analysis12-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak buying flow to a strengthening buying flow again.
read more: www.pretiming.com
Forecast D+1 Candlestick Color : GREEN Candlestick
%D+1 Range forecast: 2.6% (HIGH) ~ 0.4% (LOW), 1.5% (CLOSE)
%AVG in case of rising: 1.4% (HIGH) ~ -0.5% (LOW), 1.1% (CLOSE)
%AVG in case of falling: 0.8% (HIGH) ~ -1.4% (LOW), -0.5% (CLOSE)
TMUS T-Mobile trying to break out, earnings may help.TMUS has a Strong Buy rating among analysts and the chart is also pointing us towards a long entry prior to earnings. The $74 level has acted as resistance for over a month but today's earnings may be the final blow to knock through. We would look for a run to $85 on that break with a tight stop loss around $71 just in case earnings disappoints.
TMUS at all times high for a long playTMUS - technology sector
Provides mobile communications services in the United States
It reported positive financial reports two months ago
Note that TMUS Is at all times high.
OBV supports the proposed direction
RSI is close to Overbought rate
You can wait for correction. Then a breakout of 74 level. After it'll become a support level, I'll check for long entry with a stoploss below 74
Worth a follow up.
This is not a recommendation to buy or sell.