$TMUS has been in a “Go” trend since the end of January.
Price climbed to new higher highs at the beginning of March but then stalled. We saw a Go Countertrend Correction Icon (red arrow) indicating that it would be hard for price to go higher in the short term. Indeed, we saw GoNoGo Trend then paint a majority of weaker aqua bars as price moved mostly sideways. During that time, GoNoGo Oscillator fell to and struggled to find support at the zero line. However, the oscillator never strayed too far from zero and now has broken back above that level and found support. With GoNoGo Trend now painting strong blue “Go” bars and momentum resurgent in the direction of the “Go” Trend we will look to see if price can make an attack at a new higher high
