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.
TMUS
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 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
TMUS LONG - Buy Entry - H4 ChartTMUS LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: TMUS - T-Mobile TMobile
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Resistance @ 141.94
Resistance @ 137.76
Resistance @ 133.28
Resistance @ 129.46
Pivot Point Yearly @ 124.3400
Support @ 120.36
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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.
TMUS T Mobile Short IdeaTMUS - the street liked recent ER with a nice pop up to 122 zone resistance. So far unable to break higher however still holding.
With the gap below, I'm speculating on a move to the down side, retest trendline / close gap before seeing more upside.
Will be watching this week if price holds or continues up I will close my short at a loss.
At the very least I'm expecting some retracement after such a move up on relatively weak name.
A break above 122 will flip and go long, as trend will now be up on the shorter term daily look.
Amazon and my shopping basketDisney, T Mobile, Amazon, Charter Communications, Netflix.
What do all of these companies have in common?
1) They are all >$100B market cap.
2) They all have >10B Gross Profits.
3) They are all at 52 Week Lows.
4) They're all on my shopping list.
Amazon just had it's worst week since 2018 after underperforming the S+P in 2021, but this behemoth isn't going anywhere. I don't need to tell you about the value of it's core ecommerce business that we all use, or the AWS that runs a huge chunk of the internet, the 2nd largest hosting provider with their cloud hosting servicing 42% of the top 10k websites by traffic (Source: BuiltWith), or the success of Prime through logistical brilliance, a successful streaming platform and acquisition of Wholefoods to make the most convenient home shopping platform in the world.
I don't have to tell you about the 31 acquisitions Amazon has made since 2017, 15 of those since 2019.
I don't have to tell you that Amazon is an incredible company that still has a long runway of success and innovation ahead in a growing number of sectors (drones? Yes please!)
That's why Amazon is one of my top choices for investment in 2022.
The business circumstances for each company deserve separate posts in their own right, but to put it simply these companies are the cream of the crop in their industries and we currently have a fire sale.
When the market dips, it's the perfect time to go shopping, and each of these companies deserve serious consideration in your portfolio. Do your own research and make your decisions, but when it comes time to go bargain hunting why not start with the best in class?
A few more stocks I'm looking at meet that >$100B market cap, >$10B gross profits, industry leaders but that are at 6 Month Lows include:
Estee Lauder
Target
Oracle
Blackrock
Salesforce
Alphabet (GOOG)
We can see where the market takes us this week, but I can say with certainty I'll be a buyer on a number of these names this week.
$TMUS Daily RetracementLet's see if we get a .382 bounce or if they take it down to the .618 , in which case I'd be loading.
I'm Bullish and like the technicals on the longer time frame and have posted charts , however if you're day trading and/or like Fibonacci levels, beautiful price action here.
Let's see how they close the year!
$TMUS WeeklyStill holding JAN 21 $120 calls on TMUS
MACD cross and holding nicely after a solid bounce at support (hammer candle)
I'm looking for a move to $123.5 and a rally similar to first week in NOV' 20
A break below $114 I'll exit the trade at a loss.
Worth having on your radar, as I believe this may be a pivot point and the start of an uptrend.
$TMUS Weekly updated T Mobile swing trade working, JAN 120calls up 18% now . Should have loaded more after hammer candle but had plenty of risk on already.
Momo turning with weekly MACD ready to cross (bullish confluence).
Want to see continuation and EMAs to cross, also need to chew through overhead $124 supply. If this holds will expect another leg up. Been anticipating a "NKE like" move since NOV.
Good ER and plenty of tutes buying thinking Q4 - Q1 2022 ripper.
$124 first PT then see how price action is at that level.
Trade remains valid so long as higher lows are put in.
TMUS Weekly Options PlayDescription
TMUS began its bear market following the major trendline break in August. It has now broken through major support at 108.5 established SEP - OCT of 20'.
The break through 108.5 is the signal for the entry, and also the stop loss for the position.
Using long puts to leave the downside open.
The level of the VIX right now is my primary concern in opening long option positions. I consider all of my positions risky, and manage risk accordingly.
Long Put
Levels on Chart
SL > 108.5
PT : 92
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
12/31 100P
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
$TMUS Weekly Pivot Point to be confirmed (or rejected) this weekGreat ER pop as T-Mobile was entering strong demand zone.
What a coincidence :)
See if we get a confirmed pivot point this week... possible some retracement, but MACD and Williams %R indicators showing bullish confluence of a pivot point here.
Closed DEC calls up nicely, still holding JAN $120c up +66%. Stop loss just above break even.
With confirmation I think near term we see a move to $130 zone resistance, and then ATH , similar to the recent NKE move (sold my calls too soon wow Nike ! )
$TMUS WeeklyLooks like a good entry for a long here as an idea on TMUS weekly. Over sold, at a good support zone, with 150EMA below for stop loss target.
ER this week wouldn't be surprised if it sparks a pivot point here to at least get a bounce similar to Nike's (NKE) recent price action.
I'm in DEC and JAN $120C
Price target at least $130 for a head and shoulders pattern/relief bounce , or extreme bull case - continuation of the longer term uptrend to all time highs.