Chinese state media flags security risks from Nvidia’s H20 chips
The CEO of T-Mobile, MetroPCS Communications (NYSE:TMUS), John Legere, has re-imaged the company as a customer friendly no long term contract mobile company, and himself as a hipster, wearing magenta and Batman outfits. It seems to be working on the stock price. Technically the chart of the stock price had a big run higher in December to end the year and has been consolidating. That consolidation has been tightening in a symmetrical triangle and is now testing the top of it. A break over the top carries a target initially of 37 and then 40. The momentum indicators, Relative Strength Index (RSI) and MACD also support a move higher. Look for the break over 32.50 to confirm the trade.
Disclosure: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.