T-Mobile US may rise to 190.60 - 193.00

178.8 is our pivot point.

Our preference

The upside prevails as long as 178.8 is support.

Alternative scenario

The downside breakout of 178.8 would call for 174.7 and 172.3.

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 above its 20 and 50 day moving average (respectively at 179.435 and 174.1854).

Supports and resistances

195.3 **

193 *

190.6 **

188

182.05 (USD-last)

180.3

178.8 **

174.7 *

172.3 **

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