Bekiumuzi_Dube

TXN PRICE FORECAST (-19%) (-32%)

Short
Bekiumuzi_Dube Updated   
NASDAQ:TXN   Texas Instruments Incorporated
Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing. The Analog segment semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment is designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company was founded by Cecil H. Green, Patrick Eugene Haggerty, John Erik Jonsson, and Eugene McDermott in 1930 and is headquartered in Dallas, TX.

the soxx is there to show the downrending sentiment for stocks related to that industry

Im strong on it reversing at tp1
but there is still chance of a break
Comment:
***UPDATE***
Break and retest in the bulls we safe to invest
however for now i am still bearish and believe liquidity is at play
the chart below illustrates my expected outcome

Comment:
that being said i have dne an analysis on the soxx etf to back up this chart

note the potential divergence in price as it has approached a
significant level of resistance
Comment:
dont remeber analysing this one too but perfectly said

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