T-Mobile US (TMUS) stock price declined in its latest intraday trading amid continued negative pressure from trading below its 50-day SMA, which reinforces the stability and dominance of the main bearish trend in the short term, while moving alongside a short-term trend line supporting this path, as we also notice in the background the beginning of a negative divergence forming on the Stochastic indicators after reaching deeply overbought levels in an exaggerated manner compared to the price movement, alongside continued negative signals from them.

Therefore we expect the stock price to decline in its upcoming trading, as long as it remains below the $200.00 resistance level, targeting the key support level at $182.00.

Todays price forecast: Bearish