TE Connectivity PLC

TEL is in a Stage 2 corrective reset, forming a bullish rectangle base between ~$200–215 supported by rising 9/20/50 EMAs. The medium-term bias is bullish as buyers defend the MA cluster, while the long-term bias remains slightly bearish until price decisively clears the 200-day SMA. Short-term conditions favor participation now, with price tracking above rising EMAs and momentum confirming. Look for reclaim and acceptance above the 200-day SMA in the 215–216 zone for entry. A breakdown below the MA cluster near 206 would invalidate the bullish view.

• ↑Q3 revenue up 14% YOY to $5.2B; adjusted EPS +22% YOY to $2.94.
• ↑Adjusted operating margin expanded 90bps to 21.9% on strong cost management.
• ↓Negative growth and revision factor indicate challenges maintaining revenue expansion.