Traders are watching this Double Bottom on TMUS. Inspect the chart now.
Reversal pattern after a downtrend.
Bearish continuation pattern.
A clear signal has emerged for T-Mobile US (TMUS) on the daily chart. Price has moved to $201.4 (-1.4%) amidst recent volatility. Algorithmically, a Double Bottom structure has completed. Volume is average (0.8x avg) with moderate trend strength (49.6). A potential breakout level is identified at $223.67, targeting $248.66 with support near $211.18 (R:R 2.0).
What is your outlook on TMUS?