‘Interconnected’

Yesterday, TE Connectivity (TEL), launched nearly 12%, based on earnings, links here, and here.

Today, another push higher, nearly 2%.

The ‘reason’ for the move as is typical these days, was A.I.

TEL produces electrical connectors and their A.I., related business is robust.

Stepping back a bit before we look at the chart, some background. The company has an ‘interesting’ history (as told by Wiki), link, here.

Since this is the first post on TEL, we’re looking at the longer term.

TE Connectivity, TEL, Monthly

It’s a (terminating wedge) similar to CRWD but coving a longer timeframe (not advice, not a recommendation).

With about one more week to go for the month, the top trendline is an estimated location.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

c

c