T-Mobile has been bullish in 2019, bouncing off of $60 and eventually tagging $85 in late July before entering a bearish correction/consolidation phase.TMUS Daily Chart(click to enlarge)Bullish Breakout:- After price retreated from $85, it landed on $76 and consolidated between that and a little above $78 throughout August.- Last week, price broke above the consolidation range resistance.- Note that the hold above $76 continued a trend of higher lows. - Price remained above the 200-day simple moving average (SMA), and the RSI held above 40.- These are all signs that bulls are still in charge here.- Thus the bullish breakout at the end of last week could be a strong sign that TMUS is ready to challenge $85 again.