TEXAS INSTRUMENTS INC: Two in OneThere are great opportunities that must be seized. According to the tendency of the stock market, we suggest a simple process that is divided into four principals actions. The appropriate time when each postion should be taken is indicated in the given chart.
Traders who are concerned, write in comments.
TII trade ideas
TXN Round upTXN has tested a major resistance level more the six times, within the longer term on the chart it has been setting up inverse head and shoulders patterns. It had a false break out to 137 before it retraced. I expect it to break out of 133 and go back to 137, then continue rising to all time highs with 145 as a target.
Inverted Head and ShouldersI see a possible inverted H&S
Neckline is Breakout
Earnings 7-21 AMC
All time high is 135.7
TXN has fallen out of it's rising wedge
This is not a recommendation. The stock has not broken the neckline, and I do not own this stock..yet (O:
Rising wedges are bearish and I do not like to trade until the stock has fallen out. Falling wedges can be very bullish and can be a reversal signal when the stock breaks from the falling wedge
There are a lot of stocks in rising wedges right now. WDAY, KLAC, LRCX, these wedges can vary in size. I have noticed they do not fall out or down very far but they can fall the width of the wedge.
Be safe!
$TXN Oversold - Buy The Dip$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
$TXN Texas Instruments on verge of Major Breakout
Alert set for breakout above $136.
Possible Cup&Handle formed .
Golden cross complete on 50\200ma's
Volume bullish.
A possible earnings pop on the cards
Indicators bullish
TSM earnings and guidance last week were a blowout
and maybe a window in TXN>
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TEXAS INSTRUMENTS INC DIAGRAMHey investisors ,**DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. TEXAS INSTRUMENT is in a bullish configuration, the sellers could try to take their shares, the solid support can be break or just make a pull back on this one.
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TXN Retest/RemountTXN has retested its upper level and old support of $104, it then remounted back to the downside today which is a signal that it will retrace back to breakout lows and possibly to even lower support. That combined with a bearish engulfing candlestick and a pullback off the 13ema signals a very bearish sentiment. I entered at $100 price level before i could post this trade.
Saham syarikat TXNTXN adalah kod bagi syarikat Texas Instruments Inc yang diperbuat dari segi sektor teknologi. Mengikut pemerhatian gelombang sahlun tentang saham ini adalah downtrend@bearish dengan penurunan sebanyak 20.89% dalam tempoh 3 bulan lepas. Dari segi Syariah, saham ini adalah Patuh Syariah