NASDAQ: TMUS - BREAKOUT - MOMENTUMLast week T-MOBILE stock produced a breakout setup and this week retested entry point. Let’s see if this system I put together works on stocks as well!
TM5 trade ideas
Trade Idea: TMUS (T-mobile) TMUS is looking very topping heavy on the larger term time frame.
This would align with our thesis that we believe communication and aspects of the tech market are going to see some capital rotation.
If this weekly topping formation is triggered in this chart we will have a high probability trade setup.
Knowing the trend to trade is key.
TMUS- Possible head and shouldersTMUS (T-Mobile US)- a setting head and shoulders. Entry point is a box. Target for 10% gain.
T-Mobile, trend line, wedge patternT-mobile follows the ascending trend line and has formed a wedge pattern, from which further upward movement is expected after the breakout.
$TMUS with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $TMUS after a Negative Under reaction following its earnings release placing the stock in drift D.
TMUS Earnings WeekOn Wednesday, TMUS reports its quarterly earnings. The last earnings report saw a gap on the surprise earnings, but overall the price did not do much. TMUS's price has remained rangebound between the high and low of the previous earnings week. Looking at the earnings estimate, analysts are predicting an increase in earnings from the prior quarter and the same quarter last year, which could provide the catalyst needed to break out of this range.
TMUS managed to post steady gains over 2022 when the SP500 and the Communications Sector (XLC), the sector in which TMUS is a member, declined. This upward progress shows underlying fundamental strength. The price action leveling off this last quarter could mean a few different things. The response to this earnings report could show it was just price action taking a breath.
Stepping back from the TMUS chart, the SPY marked a significant milestone last week by closing above its resistance line that formed during 2022. We also see that XLC is one of the top-performing sectors YTD.
A surprise on earnings coupled with a break of the previous earnings week high could mark the beginning of a new strong uptrend for TMUS.
TMUS - Potential Swing LongT-Mobile US - Potential Swing Long on clearance of declining trend line.
Has been in a consolidation phase over the last 5 months and is nearing the lower boundary of the gradually upward trending channel.
Potential Price Path on chart.
For more research, including trading ideas, get in touch today.
Tmobile About to Get Wrecked?TMUS has a lot of bullish fundamentals, however, I think I have identified a stage 2 uptrend with stage 3 top. I would appreciate any thoughts! Not financial advice, DYOR.
T Mobile TMUS Swing ShortTMUS onthe one hour chart has shown first a double bottom band touch
ten days ago and then a double top band touch around Thanksgiving.
The squeeze oscillator is shown a narrow volatility range over recent days.
This is setting up for the volatility pop to make for a swing short
with a stop loss above the upper Bollinger Band
5 put option for Friday Dec 2 @ $ 149 the five
options went up 56% today; took one off today then another tomorrow.
if trend continuation is seen.
T-Mobile Channel (Daily)Here's a channel that has been telling the technical story of T-Mobile. At the tops it has been consistently selling-off and at the bottoms, it gets bought up. Personally, I look to sell the pink zone or slight above and buy the green zone. If it breaks out of green however, I would liquidate all longs and go short.
Currently, it is pulling back from channel highs and looks to at least fill the gap.
Please check my channel tutorials for more info on how to use them/draw them.
Cheers.
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.
$TMUS with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $TMUS after a Negative over reaction following its earnings release placing the stock in drift C.
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.
$TMUS W$TMUS W, weekly rising wedge with a measured move around 116.60. Also a macro double top with this year low as neckline.
TMUS SHORTT-Mobile US, Inc. (TMUS) will present at the BofA Securities 2022 Media, Communications & Entertainment Conference.The event is scheduled to begin at 11:50 AM ET on September 7, 2022.
TMUS Thx Elon, Lets see it rip baby! Im up just over 200% on calls currently. Dont want to be greedy, I just want to continue to be right lol.
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 with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TMUS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 94.74%.
$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
