$TMUS ER Breakout and bullish flow
TMUS 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
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
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