Fundamentals :
T-Mobile taking the lead with sales and earnings acceleration with growing fund ownership.
Technicals :
Daily:
Recent pullback
Flat Base Breakout
Heavy volume
Fake Crown short squeeze
Weekly:
5EMA set-up with ADX in trend and horizontal support
In the fast-paced world of telecommunications, T-Mobile ( NASDAQ:TMUS ) stands out as a company making strategic moves that position it for significant growth in 2024 and beyond. Recent developments, including the acquisition of midband spectrum and a stock buyback from SoftBank, have removed overhangs on the stock, making it an appealing choice for investors...
T-Mobile US (TMUS) broke today above the Lower Highs trend-line of April, the long-term Resistance and will most likely close the first 1D candle above the 1D MA50 (blue trend-line) since August 16. This is the first bullish break-out signal of this pattern. The second will be if the price breaks above the 1D MA200 (orange trend-line) / 1W MA50 (red trend-line)...
T-Mobile (TMUS) has been trading within a long-term Channel Down pattern and yesterday started rebounding after hitting the 1W MA100 (red trend-line) for the first time since October 13 2022. That fractal is very similar with the current sequence. This is a buy call and with it we are targeting the 1D MA50 (blue trend-line) at 143.50.
Attention is needed as we...
