TradingView
Triple_Barrel_Capital
Jul 23, 2020 7:55 PM

$TXN Oversold - Buy The Dip Long

Texas Instruments IncorporatedNASDAQ

Description

TXN Oversold - Buy The Dip

Texas Instruments selling off today with the rest of tech. Looking like a prime "buy the dip" candidate for a quick bounce back after holding ~$129 support area and beating earnings estimates earlier this week.

Near term target: $137.50-$140.00 range




Note: Not investment advice
Comments
j1388
What's your take on the next movement? seems like a big breakout off of long term resistance levels
Triple_Barrel_Capital
@j1388, Looks to me like its hitting long term resistance. I wouldn't be surprised to see a near term retrace to ~$130 area at least. Not investment advice, just my take. Good luck

j1388
@Triple_Barrel_Capital, You're right. I was just looking at the 52wk window
More