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After Yesterday's Rally of 1.37% Shares Could Potentially Pullback

By James Quinn

T-Mobile Us Inc (NASDAQ:TMUS) traded in a range yesterday that spanned from a low of $68.87 to a high of $70.04. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $69.54 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of T-Mobile Us Inc on June 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $59.73. Since that recommendation, shares of T-Mobile Us Inc have risen 15.2%. We continue to monitor TMUS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, T-Mobile Us Inc has traded in a range of $54.60 to $70.04 and is now at $69.71, 28% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.2%.

Keywords: rebounders t-mobile us inc

Ticker(s): TMUS