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TMUS
Benzinga
62 days

Top 3 Tech And Telecom Stocks That May Rocket Higher This Month

1. SoftBank sold 21.5 million TMUS shares at a 3% discount. 2. TMUS shares dropped 9% last month, closing at $221.43. 3. TMUS has an RSI value of 23.9, indicating it may be oversold. 4. The stock hit a 52-week low of $173.74 recently. 5. Momentum score for TMUS is 77.53, suggesting potential recovery.

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FAQ

Why Bullish?

Despite recent declines, TMUS's low RSI indicates it may recover soon, following historical patterns of oversold stocks rebounding.

How important is it?

The article highlights TMUS's potential as an undervalued stock with short-term recovery prospects, likely influencing investor sentiment.

Why Short Term?

The oversold status of TMUS usually signals a near-term price correction, as seen historically with similar stocks.

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