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T-Mobile US (TMUS) Showing Resistance Near $57.01

Nov 10, 2017 ( via COMTEX) --

After Nov 9, 2017aEUR(TM)s trading in T-Mobile US (<a href="">TMUS</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 2.26% or 23.65% (for comparison purposes only), while providing 3.96% downside protection. The trade is a Dec 15, 2017 covered call at the $55 level for a net debit of about $53.78. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $55.13 and $57.01, respectively.

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