looks like TXN is following the same trend of run, dip, consolidate, and find new resistance. if this trend continues it should be due for another run to find a new resistance. with a tight stop loss, the risk to reward looks good on this one.
I dont know, but, if the stock fall to 130, i will buy more.
dvandy32
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@cavagnaro, by the looks of this trend, I doubt we see a dip to 130 anytime soon.
cavagnaro
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@dvandy32, yeap, this is an high quality stock, i bought it when the dividend yield was around 3%. If the dividend rise up, i will buy more. JAJAJA
I have 30% of my investment here. It was a great pick. It is.
dvandy32
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@cavagnaro, nice man! a good investment indeed. wish I would've caught it sooner.
cavagnaro
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@dvandy32, just buy it, slowly. If goes down buy more, if goes up, buy just a little.
I dont know your horizon of investment, i like passive investment. Im not a adventure man. The good stocks i dont like to swing. I have the fear of losing it when i think its time to sell.
TXN this year was excelent for swing trading.
But good stock... No, thanks, i will keep it.
Cheers!