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TEL forms 50 Day Moving Average Support on July 28
TEL closed up 3.23% on Tuesday, July 28th, with volume running 1.3× above average. Multiple bullish signals emerged — 50 DMA Support, Upper Bollinger Band Walk, MACD Bullish Centerline Cross, Directional Movement Crossover Bullish & Expansion Pivot Buy Setup — suggesting potential strength ahead. Key support levels exist at 207.23, 200.18 & 196.43, with resistance at 218.03, 221.78 & 228.83.
Current SwingTradeBot Technical Rating of TEL: C
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