A Curated Platform of Equity & Options Market Intelligence
Select Page

T-Mobile (TMUS) Relative Strength Back and Basing at January VWAP

T-Mobile (TMUS) Relative Strength Back and Basing at January VWAP

by | May 18, 2022 | Chart SetUps

T-Mobile (TMUS) name showing relative strength recently and pulling back to VWAP from the January lows at $123.75 where it has been basing. A break out of the recent pullback trend above $129 sets up for a nice run back to the prior highs and measured move out to $145. MACD is nearing a bull cross and momentum starting to inflect higher, potential for a nice runner in a weak overall market.