Morning Trend | TE Connectivity continues to approach resistance level, will the capital-driven market change?

Technical Forecast
2026.01.02 13:00
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TE Connectivity (TEL.US) has continued to rise in recent trading days, with clear signs of capital inflow. Yesterday, there were multiple attempts to break through the upper pressure zone during the session, and the trend of large orders attacking at the close was evident. The rotation of U.S. tech blue chips has reignited, attracting attention from incremental institutions, and it is close to a critical breakout point in the short term. The key is whether the trading volume can continue to expand after today's opening. If it can break through the densely held area in one go, a short-term main upward wave may be imminent. However, if there is a high pullback during the session, be wary of a false bullish trap. It is recommended to pay attention in batches; if the support holds during a pullback, it can be boldly attempted, but if there is stagnation in growth, exit decisively