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Telecom stocks have mostly fallen in recent months. One exception has been T-Mobile US. Could it soon follow its peers lower?
The first pattern on today’s chart is TMUS’s break below its 100-day moving average in late September. Price bounced there several times this year (see white arrows), but this time spent more than a week under it. That could indicate the SMA is losing importance as support.
Second, the stock …
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