T-Mobile US Inc (NASDAQ: TMUS): Will TMUS Stock Price Reach $150?

T-Mobile US Inc (NASDAQ: TMUS): Will TMUS Stock Price Reach $150? Analysts suggest that TMUS stock price could reach the recovery level of $150 and sustain there if it follows through the recovery plan. It’s estimated that the maximum recovery will happen in 2023. Currently, TMUS share price is at a crucial make-or-break situation, meaning that either the stock breaks out of the primary resistance level of $133 or breaks down to slump below $130 towards the demand zone. If breakout happens, then it may reach the $150 mark. In order to reach the $140 recovery level, TMUS share must initially rise above $130. If that happens, it may level up to be at $150 by the end of 2023 or even before. Investors need to observe the daily time frame chart for any directional change. TMUS stock price was at $132.80 and has lost 1.15% of its market capitalization intraday. However, trading volume is below average at 5.331 Million and should increase above the average of 6.961 Million for TMUS share price to sustain above $130 and surge. Technical indicators are divergent with the price action of TMUS stock price over the daily time frame chart. Therefore, buyers should accumulate on Monday to increase the price of TMUS stock. The Relative Strength Index (RSI) showcases the downtrend of TMUS shares and is struggling below neutrality facing the oversold territory. On the other hand, the MACD exhibits the upward velocity of TMUS stock price and the MACD line is above the signal line after a positive crossover. Resistance Levels: $133.90 and $140.00 Support Levels: $131.00 and $130.00

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Robert Wilson
Robert Wilson author

As the overseer of NicheBot's editorial content, I am committed to ensuring that all information published on our website is both accurate and relevant to our readers. My fervent support for the crypto industry has led me to closely monitor the developments within it since 2012, and I have contributed extensively to discussions and debates surrounding the world of Bitcoin.

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