T-Mobile US may rise to 169.60 - 170.90

162.6 is our pivot point.

Our preference

The upside prevails as long as 162.6 is support.

Alternative scenario

Below 162.6, expect 160.3 and 159.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 163.919 and 162.5111).

Supports and resistances

172.2 **

170.9 *

169.6 **

168.2

164.97 (USD-last)

163.4

162.6 **

160.3 *

159 **

Number of asterisks represents the strength of support and resistance levels.