
Morning Trend | TE Connectivity Approaches the Death Line, Is a Rebound Window Coming or Will It Continue to Test?

TE Connectivity (TEL.US) has been experiencing a slight decline for several consecutive days, and yesterday it once again approached the critical line of $63.8 during intraday trading. The sector lacks obvious hotspots, with weak internal sector rotation and market leaders remaining on the sidelines. Current trading volume continues to decrease, and community discussions are focused on: "Is this bottoming phase going to lead to a hard rebound, or will it continue to break down?" The industry attributes dictate that TEL must patiently build a bottom; each time it falls to a key support level, there is always buying interest eager to step in, making it crucial to seize the short-term rebound leadership. Meanwhile, the hardware accessories sector's market style is unclear, with the main market trends being absorbed by the high-growth tracks of new energy and technology, but oversold funds can easily accumulate quietly. Technical analysts are paying attention to the K-line approaching the lower Bollinger Band, as the main defense line could shift to an active counterattack at any moment, especially when support holds firm, making it easy to trigger buying points. If the market continues to decline without any movement, it is even more necessary to guard against a breakdown. Strategy suggestion: Focus on buying low during intraday trading, and once significant volume and large orders appear in key areas, decisively follow for swing trading profits. The community is generally concerned: "Will TE Connectivity break the critical line or is a rebound window approaching?" Opportunities lie within the hesitation and data fluctuations
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