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...
TXN is setting up nicely. Ascending triangle, bullish pin bar candle on the daily. Looking for a move to $191+ next week. Will look for opportunity to enter 9/17 $190 calls tomorrow. 50 MA is acting as resistance but should be able to push through.
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...
Nice accumulation with decreasing volume
Buying on Ascending Triangle breakout if it happenes, Ascending Triangle breakout statistically has 98% success rate(according to the internet)
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Pra Trading :
- Please care for Money Management
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- Do not be hurry to open position and do not do...
Interesting correlation between VIX and LABD over the last month. Really goes to show how volatility/sentiment is driving LABD right now and not any view of fundamentals. There has also been a tight correlation between LABD and TXN too, but only over the last month. 1Y TXN LABD is not closely correlated.
TXN, and AMD report earnings after close on Tuesday. LRCX reports after close on Wednesday. There is a 9 point move priced in for TXN. If these can report a positive earnings they can help push semi stocks higher. You can play NVDA KLAC, or AMAT, as a sympathy move to avoid paying a high premium.
Lotto Trade Idea: AMAT 108C BID/ASK 1.36/1.45
$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
Target zone 122-118
R/R ratio: 1:1,2 to 1:2
TXN - Texas Instruments
On the weekly I see a rejection on the reistance of 132 $.
We have a bearish divergence on EFI and MACD-H, and the impulse is yellow as well.
RSI is still rising and %D and %K are widening, which is a bit worrysome.
On the daily, we see there is a...
I'd like everyone's input. Kind of like a forum if we could. Explain what your seeing from your perspectives and back it up with technical info, etc.
I'm currently short the SMH with some 11/22 $129 puts, but I'm considering only holding half of them through $NVDA earnings tonight. I personally don't think they'll outperform...especially since they've had an...
I've got a sad little OOM put for this domestic semi. The 1hr trend was broken and seemed to form a bear flag. We shall see.
Goodluck. And never trade on my or anyone else's opinion.
Your trades = your gains/losses.
Si bien la tendencia sigue bajista y observamos desde afuera el papel. Pronto estará dando señal de compra con un interesante recuperación. La entrada seria en la zona de los 15 con posibilidad de buscar de largo un objetivo de 35-40.-