T-Mobile US may rise to 184.20 - 187.20

Our pivot point is at 169.4.

Our preference

The upside prevails as long as 169.4 is support.

Alternative scenario

The downside breakout of 169.4 would call for 164.5 and 161.6.

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 171.65 and 166.1506).

Supports and resistances

190 **

187.2 *

184.2 **

181.2

175.11 (USD-last)

171.3

169.4 **

164.5 *

161.6 **

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