Pokethebear

TXN - Analog Chip maker investing in new technology

Long
Pokethebear Updated   
NASDAQ:TXN   Texas Instruments Incorporated
TXN shows a cross-over on MACD at Fibonacci Retracement 0.500 and on 1 hr. chart likely having a short dip below $97 entry area. Recently increased their dividend nicely over last 5 years as well.

Been watching them invest in R&D and they have chips in growing markets for 5G, automotive, communication and industrial.

In the last 12 months, TXN has returned all of free cash flow back to shareholders and increasing the dividend by 24% and repurchasing another $12B in its own stock.

Investors come to own conclusions. More VIX challenges ahead on the short likely. $US still holding.
Comment:
Earnings !.27 against 1.23 expected. Dividend kicked. Day chart still looks good for MACD. Watch VIX (BB, MACD, CCI) on 4h/D.
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