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TEL forms Bullish Engulfing on August 21
On Friday, August 21st, TEL moved up 1.49% while volume was to 1.0× the usual levels. Mixed technical signals appeared with Bullish Engulfing and Pocket Pivot suggesting upside potential, while MACD Bearish Centerline Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 201.09, 198.66 & 197.12, with resistance at 205.07, 206.61 & 209.05. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of TEL: D
What else did TEL do today? Find out on SwingTradeBot.
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