TMUS on daily!I see the signal is getting strong on this one. Gains will be made 59 and maybe up to 61 oh yeah!
TMUS trade ideas
TMUS good entry Buy, higher all the way to Memorial Day Weekend 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 right edge of the cup must be at most 15% below the left edge (the old high). Then a slight pullback occurs which forms the handle.
The handle can be a minimum of 1 week long & max of 6 weeks in duration. It must also form within the top half of the cup and be within 15% of the left side top of the cup.
The official / traditional buy point is when & if the stock rises above the RIGHT edge of the cup on higher than average vo lume
T-Mobile [1d chart] - Hangin' at Support, Upside in a Neat RangeThere's a lot going on with T-Mobile lately.
Despite the Great 5G Debate, regulatory concerns, and a third-times-the-charm merger attempt with Sprint, T-Mobile is trading in a somewhat predictable, relatively established range.
Thank you in advance for your attention!
The fundamentals of the stock put it in a precarious spot with outside uncontrollable governmental and economic forces dictating the speculative sentiment of its price, but from a technical standpoint, TMUS is offering buyers a cheap entry point at the bottom of a short-term trading range that nicely corresponds with some more established, longer-term historic support zones.
T-Mobile might be at the bottom of a nice, neat range, but the price activity of the last few trading days may indicate a bear flag situation tracing out, which could presumably send the stock price down into the ~$51.50 USD area - but, with price already at historic support and the support of the recent trading range, traders can make a case for a bear flag not playing out at all in the next few days, and T-Mobile returning to recent highs of $65.00-$66.00 in the next couple weeks - or higher in the next couple months.
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See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
Long on sprintAB=CD pattern on sprint looking long
T-Mobile agrees to acquire Sprint for $26 billion
T-Mobile US - Daily Price Action Analysis | Bat PatternThe TMUS price increased significantly last few days and it reached the resistance area at 65.14. The price respected that level few times already and it is more likely that it will do it again. Moreover, the price action formed the shooting start candlestick bar, which is considered as a reversal pattern. It means, there is a shift from buying to selling. The bears are going to sell sometime soon and it is the best area to do so.
In addition, TMUS formed a bat pattern, which increases the probability of this setup and provides the entry and exit points. Plus, nice risk/reward ratio.
T1- 38.2%
T2 – 61.8%
- Follow & Comment -
Bearish BatBearish Bat with bearish divergence. Momentum is slowly changing to the downside and this is a pretty extended bat pattern, so I don't mind that price shot through the potential reversal zone. If we can get price to stabilize in the zone, then this could be a nice option play.
Measurements
- .886XA
- 2.618BC
- 1.618AB=CD
Cup and Handle Pattern?We see a Cup and Handle pattern starting on the 10/30/17 selloff when they announced that the merger between NASDAQ:TMUS and NYSE:S was officially off after years of talk. Once price recovered and hit the $62s level again on 11/27/17, we see a slight decline, as people who bought in at that level were looking to get out. The price is finally back at the mid $62s finishing the Handle pattern. Will we see a breakout next week?
Can Something happened? This stock had some action yesterday. Today outside day and, ended in a green hammer and, now we are going to have a watch if this stock plays dead and, roll over or this support and, bounce. On the 60 it's just a mess. I'd expect that this would expand or possible pop up and, make something happened
made some revisionsneed to get back into the channel we were in a short while ago then I think its a fairly quick test too ath.
Projection on TMUSMy outlook on TMUS, at the end of the day only one guys interpretation. Happy Trading!
Time to go LONG T-Mobile- Overall fundamentals improving
- found support on the the 200 SMA
- found support on the 38% fib level
TMUS - Pre Earnings PlayTMUS has been on a soar. Im waiting for a close above $64 for this stock to begin a reversal into earnings (A month away).
Tmobile, HI IV, and pays 15% for this trade ideaThis is one of my favorite weekly plays!!! so yes I am biased. Now that we got this disclaimer out of the way, here is the idea.
This stock has major support at the 60 area, so we will be using that as the protection level for this trade.
Option 1. -62.5/+57.50 for June 16th has a midprice of .77... a decent 15% ROI...
Option 2. -60P, midprice is .62, but with unlimited risk, your margin is 1200 making this trade 5.1% ROC. However you got almost 13% downside protection... not too shabby.
#notyourboringcoveredcalls
Potential Earnings Plays 2017/04/24TMUS (Reports 4/24/2017 AC) IVR = 72.9, Expected Move = 4.74%
RAD (Reports 4/25/2017 BM) IVR = 81.7, Expected Move = 11.50%
XRX (Reports 4/25/2017 BM) IVR = 65, Expected Move = 5.09%
NLSN (Reports 4/25/2017 BM) IVR = 76.7, Expected Move = 5.18%
TMUS standing tall.It might pull back every now and then but it's certainly on track to do ATHs again (2 weeks?)
T Mobile is a great buy but it's overvaluedI'm excited about the future of T-Mobile and have great respect for the leadership that John Legere has created. However, I believe the PE of 38.47 is way to high to be a buyer of the stock right now. My current buy targets (In Green) are between $58.50 and $61.73.
NEXT WEEK: IF LAST WEEK WAS SLIM, THIS WEEK IS "SLIMMER" PICKINSThere are a few names popping up on my radar for earnings plays, but when I "look behind the curtain," they aren't that attractive ... .
TEVA, for example, announces on Monday, but it's an ADR, so it could be before market open or after market close or, indeed, not at all, but on some other day. It's tough to put on a volatility contraction play when you don't know exactly when the contraction is going to occur. Moreover, it's biopharm; when it moves, it tends to move big and bigger than you'd want.
BKD has the right metrics -- >70% implied volatility rank, >50% IV, but it's probably too cheap to make a play worthwhile and, moreover, only has monthlies, which can be a pain to work if you need to roll. TMX suffers from the same affliction ... .
TMUS, however, may be worth a play, with implied volatility at the high end of its six-month range and a background implied volatility of 43%. It announces earnings on 2/14 (Tuesday) before market open, so you'll want to put on a play in the final hours of the NY session on Monday if you want in. Preliminarily, the Feb 24th 20-delta short strangle (which currently would be at 58.5/67) would bring in 1.09 credit at the door.
As far as exchange-traded fund plays are concerned, there isn't a single underlying with >70% implied volatility rank (over the previous six months) and >35% IV at the moment, and the broader market instruments (SPY, IWM, DIA, QQQ) (I'm basically playing like a broken record here), implied volatility is too low to put on premium selling plays (which is why I've been looking at low vol strats like diagonals to do something there; see Post Below).
For similar reasons, I can't do much with the VIX/VIX derivatives. My experience has been that playing these long is generally unproductive, and I'd have to go out to June to sell a 50-delta short call vert with the short call strike at 16 or above to see the kind of credit I like to get out of these (e.g., the VIX June 17/20 is currently paying .75 at the mid).
Buyout of Soul And Vibe, Inc (SOUL)There are rumors among major shareholders that Soul And Vibe (SOUL) is interested in selling. I think a deal may already be in the works.
