Bear case for TEL
Assuming we get a rejection from the upper blue box, I will be targeting the lower blue box for an area to take profit. TEL will likely bounc from that area and potentially head lower. This idea will be invalid if we take out the previous daily high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.