TXN trade ideas
$TXN with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $TXN after a Negative Under reaction following its earnings release placing the stock in drift D
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TXN VCP SetupTexas Instrument developing VCP with below contraction:
C1: -11%
C2: -4%
C3: -3%
Very low risk entry point. < 5%.
Prospect wise: Semiconductor demand from world wide despite pandemic situation as new norm require people to work from home, home entertainment and etc.
My first VCP coverage in US market... More to come.
Buy Texas Instrument (TXN)Texas Instrument Inc (TXN)
The price is in a long uptrend. At the moment, the price has broken through the triangle (4th wave) and should complete the movement with the 5th wave.
The goal is the height of the triangle (219.62 ) completely coincides with the Fibonacci extension of 4.236 on the first impulse wave.
Open Price: 192.21
Target: 219 (14%)
Stop: 188.66 (-1.9%)
Texas InstrumentsSemi's look quite strong, with the SOXL ETF also looking to break it's downward trend. For the less aggressive trader, the SOXX ETF would suffice.
For TXN, the levels are on the chart.
Bull FlagThis flag was almost too long for the pole, but price has finally broken upper trendline of flag. I should have changed the top trendline to green verses red as it is can now function as support.
Many place a stop below the bottom trendline of flag, keeping in mind that Mr. Market knows this and he is known to go stop hunting frequently. Another option is the last pivot low. Beneath a pocket pivot can also make a good stop.
TXN has made a few trips over the upper Bollinger band, but was rather quickly pulled back inside the bands.
The moving averages are all where they are supposed to be and sloping upward. The 9 DMA has crossed up and through the 20 DMA. The 20 DMA is the default moving average for bollinger bands but this chart is set on an 80 DMA.
There was a bearish divergence on RSI but that was a while ago and price appears to have corrected since then. There are also a few bearish rising wedges but price is currently not in one and has broken bottom trendlines of each so i did not draw them.
No recommendation.
3 inside out/down and 3 inside up/down are common candlestick patterns and I have noted they have a short lived effect on price. 3 outside down & up begins with an engulfing candle (the 2nd body engulfs the first body and can be bullish or bearish depending on what color the candle is that gets swallowed by the 2nd candle. Engulfing candles are also common. 3 Inside up & down begin with a harami and i remember the difference between these 2 candle patterns by noting a harami is an inside candle, ie it fits inside the body of the preceding candle. An engulfing pattern is an outside pattern as the preceding candle fits inside the 2nd engulfing candle. Some candle patterns and even some lone candles have a stronger effect on price than others. I have noted that if you get several bearish candles or candle patterns fairly close together, then they can add up to make a stronger effect on price.
If you are not interested in self discovery, the markets can be an expensive place to hang out (o:
TXN Gap Fill BearishTXN filled its gap as the chart suggests and has another gap to fill downwards. I believe the market is looking overall bearish.
This stock is at its top bollinger band right now and the volatility is contracting, options are expecting a small move for next week - about 1%. However the chart suggests this could move up to 2.5% in the next two weeks if it fills the gap.
$TXN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXN after a Negative over reaction following its earnings release placing the stock in drift C
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Bullish TXNLimit order @182 for tomorrow opening. This looks a little bit risky as it may not bottom yet.
Target: 194
Texas Instruments (TXN)US is attempting to address the shortage and has called for a massive effort to bolster the domestic chip industry. Bidens proposed $50 billion to build out the chip industry as part of his $2 trillion infrastructure proposal. In doing so, the chip supply chain would be far less complex and able to adjust to market fluctuations much quicker. Currently, the US only produces 12% of worldwide semiconductor manufacturing capacity. Very interesting chart here: www.zerohedge.com
Total profit 2020: 5.595 mil.
Total profit 2021 (est): 6.250 mil.
Total debt: 6.300 mil.
TXN Breaout TradeTXN Looking good. Entered this on the 29th when it looked like it would hold the breakout above highs.
I'd like to see it get up to 200 and then build strength to break through.
Moved stop to 180
A great buy and holdTexas 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 operating expenses has seen a modest declined since 2006.
As the revenue has grown and operating expenses has declined, the margins at face value has increased. One can see this by the growth in annual gross profit.
What about the debt?
long-term debt to total assets ratio is at 0.34 or 34%. The standard debt to asset ratio is 0.37% which means that most of the debt is long term debt. The effective interest on the total debt is less than 3%. So no real problem or red flags there.
The company is however taking on more debt compared to its historical position. This isn't necessarily a bad thing provided that it is well managed and reinvested into the company. I don't like companies that take on more debt and pay high dividend yields. That's just a personal view.
With regards to the price per share. The company may be trading at a fair value based on traditional metrics and on some metrics such as price to book, it looks expensive. With a 5 year view, i think the company could be in a really good position to continue to grow its revenue particularly if you reinvest the dividends over time.
The trading signals on the weekly chart show mixed results. The Demarker and Stochastic Momentum Indicator suggest that the price may need to consolidate for a while or even retrace before it sees another upward leg. The Stochastic Relative Strength Index shows that the price may increase in the short term, however, this may be suggesting that the price may break through the 185 or 190 mark before retracing to the 160 area. This is all short term guesses.
The question is, should one buy and hold at the current price or wait for a retracement? My feeling is that it shouldn't matter to much if you are looking to hold the company for the next 5 years or more.
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TXN 🌦Beautiful patterns, very short bursts, this could be due to high dividend yield. If div yld > 2% I don't buy any options.
TXN (NASDAQ) - Follow TrendGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
TXN (NASDAQ) - Follow Trend
EMAs SupportTXN is holding up nicely on those EMAS.
If the price holds the longer EMA 350 would be possible entry for me
TXN Long William Alligator : the stock is in a bullish position because the candle sticks are above the Teeth, Lips and Jaw. The lines are “eating with an open mouth” and this show that the stock is in a strong uptrend.
MACD : the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.
ADX : the line is at 42.52, so the stock is in a strong uptrend.
Candlestick pattern s: there is a bullish engulfing which is a bullish confirmation.
Overall : it can be interesting to take a buy position on this crypto because all the indicators indicate that the price is increasing and will continue like that. Moreover, the stock is in a strong uptrend. Entry price is higher than the current price for assurance and stop loss is set at -5%.
