T-Mobile US stock price extended its losses in latest intraday trading amid the dominance of the downward correctional trend in the short term and with negative pressure due to trading below the 50-candle SMA, piercing the pivotal support of $231.00, but countered with positive signals emerging from the Stochastic after reaching oversold levels, thus curbing gains.
Therefore we expect more losses for the price as long as it settles below $231.00, targeting the support of $208.40.
Todays price forecast: Bearish