Jul. 24 at 2:08 AM
As a global industrial technology leader in connectivity and sensor solutions,
$TEL is trading right at
$200.20 on the 8-hour chart, compressing near multi-month trendline support as order flow highlights active institutional accumulation hitting the Ask, featuring a series of call sweeps on the 09/18/2026
$240 strike as smart money positions for a trend reversal. 🐂 🎯
Bullish Flow: 09/18/2026
$240 strike confirms smart money accumulation for a potential bounce. 🐂 💧
Bull Key Levels: Bulls need a confirmed hold and bounce over
$198.92 to validate the base and keep the structural recovery intact. 🐂 🔥
Bear Key Levels: Lose
$190.30 and the support structure breaks down completely. 🐻 ⚠️
Take Profit Targets:
$204.33 /
$207.78. 💰 💸
Why: Price sits right on a major macro trendline support zone on the 8hr timeframe, with
$198.92 serving as the key pivot shelf to target an initial move toward
$204.33.
#TEL #TEConnectivity #OptionsFlow #StockTrading #hovdid