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