Stocks

T-Mobile US may rise to 189.00 - 191.90

2024-07-03

173.8 is our pivot point.

Our preference

As long as 173.8 is support look for 189.

Alternative scenario

The downside breakout of 173.8 would call for 168.8 and 166.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 177.723 and 170.1522).

Supports and resistances

194.9 **

191.9 *

189 **

185.9

179.98 (USD-last)

175.7

173.8 **

168.8 *

166 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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