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T-Mobile Us Inc Rises 1.57% on Heavy Volume: Watch For Potential Pullback

By Shiri Gupta

T-Mobile Us Inc (NASDAQ:TMUS) traded in a range yesterday that spanned from a low of $58.38 to a high of $59.09. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $58.23 on volume of 2.8 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 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 $54.60 and a high of $66.52 and are now at $59.00, 8% above that low price. The 200-day and 50-day moving averages have moved 0.14% lower and 0.28% lower over the past week, respectively.

Keywords: rebounders t-mobile us inc

Ticker(s): TMUS