T-Mobile US may rise to 207.70 - 211.50

188.6 is our pivot point.

Our preference

The upside prevails as long as 188.6 is support.

Alternative scenario

Below 188.6, expect 182.6 and 178.9.

Comment

The RSI is trading above 70. This could mean that either the stock is in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). 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 186.2495 and 181.7738).

Supports and resistances

215 **

211.5 *

207.7 **

204

196.56 (USD-last)

191.1

188.6 **

182.6 *

178.9 **

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