Traders are watching this Rounding Bottom on TEL. Inspect the chart now.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Sideways movement between parallel supports.
TEL is showing interesting structural developments at $209.07. Currently at $209.07, the asset is showing downward momentum (-1.23%). The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $245.0, targeting $298.88 with support near $218.06 (R:R 2.0).
What is your outlook on TEL?