T-Mobile US may rise to 190.00 - 193.10

174.6 is our pivot point.

Our preference

As long as 174.6 is support look for 190.

Alternative scenario

The downside breakout of 174.6 would call for 169.4 and 166.4.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 177.93 and 172.3236).

Supports and resistances

196.2 **

193.1 *

190 **

186.9

179.54 (USD-last)

176.6

174.6 **

169.4 *

166.4 **

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