Jul. 2 at 8:39 PM
$TEAM is back above the 100-day around the
$80 area, which is a key structural reclaim after last week’s flush into the mid-
$70S.
What stands out here is not just the recovery, but the formation of a higher low around the
$74–
$76 demand zone, followed by price stabilizing above short-term moving averages. That usually signals the first phase of digestion after forced selling.
Intraday VWAP around
$84 is still acting as overhead pressure, so this is not a clean breakout yet — more of a rebuild phase inside a larger consolidation.
From a levels perspective:
Bulls want a clean daily close above
$86 to confirm momentum shift
Failure back below
$78 would invalidate the recovery structure
So this is still very much a “rebuild and prove it” setup, not a trend resumption yet.