TXN rising and at fair value LONG
TXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying after
a TTM squeeze at the mean of the anchored VWAP or the middle line of the bands is a way
to lower risk and get fair value. TXN was there for me back in the day. I am taking a long
trade now. It's time to get a full rebate ( or more with badly inflated dollars). TXN has retested
that mean VWAP line. It's good to go.
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying after
a TTM squeeze at the mean of the anchored VWAP or the middle line of the bands is a way
to lower risk and get fair value. TXN was there for me back in the day. I am taking a long
trade now. It's time to get a full rebate ( or more with badly inflated dollars). TXN has retested
that mean VWAP line. It's good to go.
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.