MarthaStokesCMT-TechniTrader

Controlled Large Lot Selling Pattern: TMUS

BATS:TMUS   T-Mobile US, Inc.
Telecom Industry stocks hit the wall of Market Saturation some time ago. TMUS has a pattern that indicates a controlled selling mode of larger lots before the earnings report. There has been more volume to the downside and money is flowing out of the stock while the price action develops a narrow sideways range. Risk for a breakout to the downside is high.

Martha Stokes, CMT
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