My chart shows a tend reversal today and here is how I interpret that. Usually a reversal is a good opportunity if a stock is overbought or oversold which is not our case here.

In a downtrending market like APH, a reversal can indicate the market is about to turn up. Normally the reversal occurs when the market is oversold, but the reversal can also occur when there is no more sellers too. Our seller today, RBC, could not keep the price down and I do not think anyone else was selling. I do not have LevelII to confirm the sellers.

With a trendline reversal, it means the the cards have changed hands for influencing price. I hope my interpretation is right.