Texas Instruments ( NASDAQ:TXN ) saw a remarkable surge of around 7% in premarket trading following the release of its strong Q1 results, igniting a broader rally in chip stocks. The company's robust second-quarter revenue forecast, surpassing analyst estimates, has instilled optimism in the semiconductor market's recovery prospects. Texas Instruments (...
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...
At present, the US equities markets are at a critical inflection point, especially tech. We're still in the bear side of a correction in an extremely major bull market impulse fuelled by Party Central's COVID stimulus programs, and yet flirting with all time highs. Sometimes markets top without a blow off. Nasdaq's daily chart, above, shows price raided the...
Company: Texas Instruments Incorporated Ticker: TXN Exchange: NASDAQ Sector: Technology Introduction: Today, we turn our gaze towards Texas Instruments Incorporated (TXN), a distinguished player in the Technology sector listed on the NASDAQ. The weekly chart reveals a Rectangle pattern that has been in formation over the course of 490 days, indicating a...
On the chart we can see that there are higher highs and higher lows. The RSI indicator crossing above the 50 mark and heading upward, indicates a bullish momentum. We expect that the price will reach the resistance. As it is a strong resistance, we anticipate the price to get rejected. Next, we expect another upsloping attempt towards the resistance level....
With a healthy respect, Texas Instruments is advancing toward the resistance line at $158.99 slowly but surely. Soon, the share should climb above this mark and push off into the green zone between $215.90 and $237.98 to complete wave B in green before turning downwards again. There is a 33% chance, though, that the course could shift away from the next resistance...
Expectation of Texas Instruments ($TXN) & Potential Strategy Ideas: ---This is my first post, if you like my breakdown and mechanical analysis please comment other tickers you want to see--- $TXN is a bit in decisive now with pressure from buyers and sellers to either cash out close to the ATH (all-time-high) of $199.86 or wait to catch a small...
Upgoing zigzag, prolonged ?WXY on B Wave, pre confirmation, heading for overbought normalization. I like the fact that A Wave ended with nil divergence on the daily, which is indicative of further growth at some stage down the track prost a retrace. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the...
Goals 160, 153. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to....
My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia! This is a move that could have huge impact on American companies. 54% of TXN Texas Instruments revenue comes from China. My price target from TXN is $134. Looking forward to read your opinion about this.
Entry price: 199-201$ Target price: 186-189$ Bollinger bands: the price approached the upper boundary RSI: bearish regular divergence, therefore, the price retracement is likely to occur Stochastic: the asset is overbought Candle pattern: bearish engulfing Conclusions: All indicators suggest trend reversal in the near future. Thus, the short position is...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
It looks like bottom could be in. Not only could TXN reach and all-time high, but they would breakout of the sideways funk they have been in since mid-March of this year. Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has...
Texas Instruments is a semi conductor manufacturer that appears to have attractive growth prospects within the forecasted high growth semi conductor sector or investment theme. Stats The average free cash flow over the last 10 years is 29.9% with an annual dividend yield of 2.27%. Growth in annual revenue over the last 10 years has been modest. On average total...
Weekly close on USoil was a bearish shooting star. Fundamentally whats going on in Texas right now, I expect oil prices to drop for short term.