$TE has lost the channel and is currently below the EMA50 and 50SMA. It really needs to reclaim those, ideally closing above $7.08 (50SMA) today. Otherwise, it could get very ugly very quickly for a lot of retail. This after the big accounts in space said dip buy from sub $9.
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$TE has lost the channel and is currently below the EMA50 and 50SMA. It really needs to reclaim those, ideally closing above $7.08 (50SMA) today. Otherwise, it could get very ugly very quickly for a lot of retail. This after the big accounts in space said dip buy from sub $9.