Foliotrail Foliotrail charts

TE

daily
Daily Weekly Monthly
BREAKOUT REVERSAL
Support
$7.20
Resistance
$8.90
TE T1 Energy Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — breakout reversal as of May 22, 2026
TE Daily chart 2026-05-22 20:39:22 UTC
AI-generated analysis — not financial advice. For educational purposes only.

TE Daily Technical Analysis Summary

As of May 22, 2026, TE (T1 Energy Inc.) is in a breakout reversal state on the daily chart, with a confidence level of 73%. Key support is at $7.20 and key resistance at $8.90. Strong breakout with volume; price at ~$8.08 is well above clustered MAs (EMA50/100/200 and SMA50/100/200) after clearing the prior base/MA resistance; RSI elevated (~68).

Price Scenarios & Targets

bullish

Bullish continuation: price consolidates above the breakout zone (around $7.20–$7.60) then pushes into prior supply near the recent spike high; typical Elliott view is a new impulsive leg starting (Wave 1/3) after the base, with a brief Wave 2-style pullback possible first.

Price Target
$9.60
Path to target
First move
$8.90
Pullback
$7.60
Final target
$9.60

bearish

Bearish pullback/retest: breakout fades and price mean-reverts into the MA cluster; still could remain constructive if it holds the reclaimed averages (bullish retest failure risk if volume remains heavy on down days).

Price Target
$5.90
Path to target
First move
$6.60
Pullback
$7.20
Final target
$5.90

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close holds above $7.20 for 2 sessions (preferably on steady volume).

✗ Invalidation

Daily close back below $6.40 (loss of reclaimed MA/supply area).

Position Entry & Exit Levels

⊕ Add

Start $7.20 – $7.60
Add $6.50 – $6.80
Heavy $5.80 – $6.10

Start on breakout retest support ($7.2–$7.6); add at MA-cluster/50–100-day area (~$6.5–$6.8); heavy add only if deeper pullback tags the stronger 200-area support region (~$5.8–$6.1) while structure holds.

⊖ Derisk

Trim 1 $8.90 – $9.60
Trim 2 $9.60 – $10.8
Close $10.8 – $12.5

Trim into prior-swing supply and extension above reclaimed MAs ($8.9–$9.6); heavier trim on further fib/extension zone ($9.6–$10.8); close into extreme multi-year stretch ($10.8+) if parabolic behavior appears.

Frequently Asked Questions

What is the daily technical outlook for TE today?

As of May 22, 2026, TE (T1 Energy Inc.) is in a breakout reversal state on the daily chart with 73% confidence. Strong breakout with volume; price at ~$8.08 is well above clustered MAs (EMA50/100/200 and SMA50/100/200) after clearing the prior base/MA resistance; RSI elevated (~68).

What are the daily support and resistance levels for TE?

On the daily timeframe, TE has key support at $7.20 and key resistance at $8.90. The most likely scenario (bullish) targets $8.90 and $9.60, with a revert level at $7.60.

Is TE in an uptrend or downtrend?

TE (T1 Energy Inc.) is currently classified as breakout reversal on the daily chart, with 73% confidence. Confirmation requires: Daily close holds above $7.20 for 2 sessions (preferably on steady volume). This would be invalidated by: Daily close back below $6.40 (loss of reclaimed MA/supply area).

What are the price targets for TE?

The most likely scenario (bullish) targets $8.90 and $9.60, with a revert level at $7.60. The alternative scenario (bearish) targets $6.60 and $5.90.

Other Timeframes for TE
Related Tickers