U
Jul 28 at 11:47 AM
$TE Connectivity(TEL.US)
TE Connectivity (TEL) has staged a spectacular V-shaped recovery, surging nearly 5% today to break back above the $210 psychological threshold. This rapid price reclamation completely erases the knee-jerk 8.7% post-earnings sell-off triggered just days ago by cautious management revenue guidance. The sharp reversal signals that institutional money utilized the dip as a massive liquidity trap to accumulate shares.
Did you successfully buy the $191 flush last week, or are you chasing the breakout past $210? Looking for opportunities to sell if continues going high!
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.