TMUS roller coaster into the cloudsHad a dream last night. This is what the stock did over the next year or two. Had to chart it and see if it happens.
1TMUS trade ideas
Will T-Mobile Follow its Peers Lower?Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower?
The first pattern on today’s chart is TMUS’s break below its 100-day simple moving average (SMA) in late September. Price bounced there several times this year (see white arrows), but this time spent more than a week under it. That could indicate the SMA is losing importance as support.
Second, the stock rebounded to its 50-day SMA this week but wasn’t able to remain above it. Is this line new resistance?
Next, Tuesday’s high and September’s low may have established a downward-sloping parallel channel.
Fourth, the most recent bounce returned stochastics to an overbought condition.
Finally, TMUS is near its 2021 high but still below it. That could make some holders worry it’s rangebound and lose interest in remaining enthusiastically long.
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T-Mobile about to drop some bars. TMUSWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
T Mobile Stock Analysis | Long term sell-off startedT Mobile Stock Analysis | Long-term sell-off started. T Mobile offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. The long-term sell-off started after reaching the strong supply imbalance located at $141. We could see T mobile stock price dropping to $63 and even more. Stock prices do not move in straight lines. We will probably see a few pullbacks in T Mobile stock price that will allow us to use bearish stock and stock options strategies to take advantage of this huge potential sell-off happening on T Mobile stock. The sell-off started at the beginning of September 2022.
T-Mobile - 30% Opportunity for Short Trade?Fundamental Indicators:
Revenue- 2022 TTM shows slowdown compared to the previous year
Profits – falling since 2017, negative cash flow
Net margin - very low with just 2.14% and consistently reducing since 2017
P/E – extremely high at 107 compared to S&P500 with 21
Liabilities - debt ratio is at 0.67 which is within normal limits, Net Debt/ EBITDA is at 3.36 – no problems with debt
Conclusion – it is very likely to start correcting
Technical Analysis (Elliott Waves):
Main scenario of this idea suggests that the high that was formed in July 2021 has completed the global growth cycle which can be observed in a higher timeframe through a five-wave impulse
Since then, we can see first impulsive move to the downside in wave A and currently forming deep correction in wave B
Using Fibonacci retracement levels, we can see that blue wave X is very near completion and a new bear cycle is soon to start
The target area for this move is the previous low of wave A at $101
This is a higher timeframe to reflect the full history of T-Mobile and to provide full wave count:
What do you think about T-Mobile and its short term prospects?
Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves.
Thanks
$TMUS ER Breakout and bullish flowTMUS since FEB's gap up on earnings has been grinding higher, with a nice pop today after ER on good volume
Option flow is pretty bullish, especially leaps on the 160C JAN 24 and JUN 23.
Personally I'm hoping for a retest of the breakout zone where I will go long i.e. BRB - breakout retest bounce - with 145 and 151 zone upside targets.
Post ER and Post Fed meeting so less risk IMO but I'd give this idea some time to work targeting SEP opex or later.
Buy the dip
Cheers
TMUS: Looking to go higher?TMUS
Short Term - We look to Buy a break of 138.19 (stop at 133.78)
Trend line resistance is located at 137.50. A break of resistance at 137.50 should lead to a more aggressive move higher towards 150.00. Daily signals are bullish. Our bias remains bullish and further upside is expected to target resistance at 150.00.
Our profit targets will be 149.90 and 160.00
Resistance: 150.00 / 160.00 / 180.00
Support: 137.00 / 132.00 / 124.00
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TMUS TREND AND WAVE ANALYSISBe sure to stick to Stop Lost and TAkE Profit. This is an idea and not a bargain offer
This is just idea, not trading advice, use at own risk.
reasons:
It is recommended to buy in this price limit
It is mandatory to pay attention to the stop loss and the target marked on the chart
Do not be greedy and adhere to the specified principles. I hope you will be profitable
Note that there is no 100% analysis and it is possible to stop flirting
This is a personal analysis and you should not enter into a transaction without review
If you know this, make a purchase
Be sure to adhere to the principles of capital management and do not invest more than 2% of your capital in each transaction.
High-risk individuals can enter a maximum of 5% of risk capital in this transaction by accepting risk-taking.
This analysis has been analyzed with the classic Elliott topics and neo wave style. Also, the principles of price action have been used.
TMUS make or break price action.TMUS printed an indecisive doji candle on the daily on 01/24/22 followed by a green candle that touched a older demand zone. Seems like the market was torn on Monday, and decided to make a small gain today. I am long TMUS, and the rest of this week we'll see what happens in the demand zone around ~$107.50. If it enters this zone and bullish candles remain, it should break out. Next stop is about ~$118 and will probably be swayed in that direction (or not) by the guidance in the upcoming earnings. I'm expecting to enter the demand zone and break out, but the rest we'll have to wait and see.
I took some March 120c earlier based on bullish divergence in the RSI on the daily but will probably close trade if it breaks down below 100, or earnings is miserable. I'm hoping to exit most of them around $120 mid Feb.
$TMUS now shortClosed TMUS calls up about 40% and flipped to the short side.
I heard Cramer was pumping this week, that alone should have been my signal,
but technically on the weekly it seems to have been rejected at 135 resistance and a volume uptick this week
Momo is also turning and seeing Bearish confluence in the MACD
First PT $123 with a possible move down to the 30MA (orange line) similar to FEB's price action
T-Mobile | TMUS | Short to Fill the Gap BelowT-Mobile ( NASDAQ:TMUS ) popped after its most recent earnings release. The gap below looms before the March 2022 Fed meeting and OpEx week. Based on its inability to break through resistance, the slight bearish divergence, and the weakening momentum, I expect the gap below ($110.50 = $116.91) to be filled in the coming days/weeks.
