T-Mobile US may rise to 189.10 - 192.00

Our pivot point stands at 174.3.

Our preference

As long as 174.3 is support look for 189.1.

Alternative scenario

The downside breakout of 174.3 would call for 169.1 and 166.3.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 177.669 and 171.0938).

Supports and resistances

195 **

192 *

189.1 **

186

179.17 (USD-last)

176.3

174.3 **

169.1 *

166.3 **

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