TXN october outlookIike the big white bull candle waiting to get in above purple like.
luving the momentum indicators.
TII trade ideas
TXN bull flag Ride the Trend!Sector performing strong
-Long term trend is bullish with strength slightly weakening but still in uptrend...consolidation
-intermediate time frame showing a nice flag forming after that sharp quick advance finding support in the 80.18 area
-relative strength is slowing showing a nice pullback
-the real tell is the obv which is showing the positive volume pressure going into the move
-measured move of around 2.50 brings target to 82.7-82.75 but realistically to 82.20 area following the path of least resistance
-risk reward ratio= 10.95
TXN - Time to buy and hold :) Been following TXN since Feb 2016 - Seems to be a solid company making semi-conductors, going to start buying and stacking :) We see that it has pretty much bounced off the 50 day MA for the past year, so I'm confident they will continue to perform.
Two Earnings Trade for 01/24 AMCThis market has been neutral for the most part this year.
There is not a ton of Volatility in the options market. Try to utilize earning tickers....
Buyout of Soul And Vibe, Inc (SOUL)There are rumors among major shareholders that Soul And Vibe (SOUL) is interested in selling. I think a deal may already be in the works.
Bullish Trade Setup: Texas InstrumentsTrade Setup for TXN:
Entry: After a close above $75.25
Stop-Loss: Start @ $74.00 and trail the stop as TXN moves up
Target #1: $77.25. 127.2% extension. Take 50% off the table to lock in profits
Target #2: $80.47 161.8% extension. Take 25% off and tighten stop-loss.
More at techcharting.com
TXN Breaking Monthly Resistance Top @ $75TXN has built momentum for the last 10 years and is finally breaking out of an old top established back in 2000. The sector has been performing strongly and is expected to continue.
Strong bullish momentum will bring a breakout above $75. Target 1 is $97 with T2 @ $125.
Accumulate on any dips for smaller timeframes, such as daily or weekly.
Strong basing formation after gap.After breaking a year long resistance at 60, we finally see a strong breakthrough. The market feels overbought and we could see a correction down to 66 filling the gap, which could also be a good entry. Either way, a break of this basing formation can give a solid risk/reward trade
TXN short opportunityMonth long RSI divergence getting ready to correct itself by filling the juicy gap
TXN(Daily). Head and Shoulders Top(Retest)Head and Shoulders Top. Retest of NeckLine.
50 200 sma Cross Over.
Potential Bear Flag.
RSI at potential resistance.
Texas InstrumentsTXN is very oversold + flirting with support channel = a decent chance for a bounce. Stop 45.5. Target 48.
TXN channels updated from previous publishedThere are overlapping numbers because there is more than one channel size.
The key idea is one channel size keeps it's VERTICAL distance always. From 1 to 1p or visa versa remains a constant distance no matter what the angle of the channel. The 2nd thing is, when a channel breaks into future data then you have to go back to a reset point so the channel follows the edges of the data and doesn't break through it. (usually key bottoms or tops are the set points). This method is very accurate IF you can determine the correct LEAD or 2L point...which is harder than you think.
T=top B=bottom. The formations are bbt, btb, btt, ttb, tbt, tbb. Three point hits in a channel is what you are looking for. Sometimes there are 4 bounces in a channel (from one side to the other) instead of 3.
The 2 best formations are bbt and ttb. They are usually steep moves and the 2L or lead points are usually set close to the starting 1 or 1p.
There are other channel ideas that I have published. This is the method that I trust the most.
