On the above 2 month chart price action has grown 1300% since the 2007-8 correction. A change in direction is now on the horizon for Texas Instruments.
1) Support and resistance. The yellow arrows point to 15 years of price action support. That support has now failed.
2) A trend reversal in the RSI oscillator is clearly visible. This is bearish divergence.
3)...
Reasons for bullish bias:
- Price broke All time high
- Strong resistance breakout
- Accumulation phase breakout
- Strong weekly closing
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 188.18
Stop Loss Level: 176.92
Take Profit Level 1: 199.44
Take Profit Level 2: 214.95
Take Profit Level 3: Open
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...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at NASDAQ:TXN ...
I believe this code is at a point of potential volatility.
If price can hold below $164.09 ... Bearish potential may be unlocked.
My key downside targets include:
- $155.15 (Conservative)
- $145.16 (Medium)
- $133.85...
These intuition hits have been $, so I'm not gonna fight it.
I asked on Sunday & was delivered this one with the numbers $149 first (which was close to the Friday closing price). I do NOT look at a chart first as I aim to be completely neutral, and this stock isn't even on my watchlist, so I didn't know where it was trading.
Anyway, the following numbers were...
Yesterday I took a trade on NASDAQ:TXN
The price broke above the 50 MA and all the key moving averges I use for short term trading.
In addition the price closed with a bullish hammer resting on the moving average.
Recently the price also closed above the long term diagonal resistance.
THe oscillators are showing overbought condition in the short term, so I...
Way oversold for some time now, if one wanted to catch the proverbial falling knife TXN is a good bet here at support I'd expect a bounce back to $161.05 to $163 in coming two weeks
Neutral pattern until broken and this one has broken to the downside.
Horizontal trading channel and a consolidation pattern.
The top line is resistance and the bottom line is support until broken.
Support is now resistance for TXN.
Short interest below 2 percent.
NO RECOMMENDATON
Long TXN
Company Overview: Texas Instruments (TXN) is a prominent and long-established semiconductor company headquartered in Dallas, Texas. Founded in 1930, TXN has evolved into a global leader in the semiconductor industry, with a diverse portfolio of analog and embedded processing products. Here are some key aspects of the company:
Product Range:
TXN...
15 minutes chart.
While all the other time frames are very bearish, the 15 minutes sees a double bottom at $155 with bullish test of our emas. All the previous crosses didn't create a new price action.
Looking for that again
NASDAQ:TXN has been consolidating below the bottom band of the quarterly VWAP for some time. Volume indicators show bears leaving and bulls entering, and on the 1hr chart we have some nice long bull candles. It seems the price is ready to make its way back toward the top of the quarterly VWAP.
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...
This is not a perfect rectangle but rarely is anything perfect as of late.
There appears to be an M forming that has peak 2 higher than peak 1 which usually points to a Shark or a Cypher, but there is also the rectangle to think about as it has a resistance line and a support line.
Several touches (blue stars) to the support line and each touch increases the...
