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T-Mobile Us Inc Falls 1.11% on Heavy Volume: Watch For Potential Rebound

By James Quinn

T-Mobile Us Inc (NASDAQ:TMUS) traded in a range yesterday that spanned from a low of $65.02 to a high of $66.17. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $65.47 on volume of 2.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for T-Mobile Us Inc and will alert subscribers who have TMUS in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, T-Mobile Us Inc share prices have been bracketed by a low of $55.09 and a high of $70.94 and are now at $66.57, 21% above that low price. The 200-day and 50-day moving averages have moved 0.19% higher and 0.13% lower over the past week, respectively.

Keywords: rebounders t-mobile us inc

Ticker(s): TMUS