T-MOBILE 1st Bullish Break-out signal

Sep 11, 2023

T-Mobile US (TMUS) broke today above the Lower Highs trend-line of April, the long-term Resistance and will most likely close the first 1D candle above the 1D MA50 (blue trend-line) since August 16. This is the first bullish break-out signal of this pattern. The second will be if the price breaks above the 1D MA200 (orange trend-line) / 1W MA50 (red trend-line) which are trading on the exact same spot.

If we get a 1D candle close above them, we will buy the first break of Resistance 1 (142.85) and target 150.00, which will be a +14.33% rise from the bottom, same as the July 25 peak.

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