TXN - Trend FollowingOn the daily chart the ticker bounced off its EMA 50 confirming it as strong support for this well consolidated uptrend
TXN trade ideas
$TXN with a neutral outlook following earnings releaseThe PEAD projected a neutral outlook for $TXN after a negative under reaction following its earnings release placing the stock in drift D
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Viva la semiconductor*Just an idea, not financial advice*
The chart speaks for itself, this is a friendly trade as dividends are paid.
S1 = Support
R1 = Resitance
Yellow box = Buy zone
White line = Trend line
Possible path for TXNIts been in an uptrend channel for sometime. Will not play this week but will wait to see what happens after earnings.
TXNTXN, 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
If you're bearish, AMAT 104P BID/ASK 1.15/1.22 can work.
Texas Instrument: Time to watch & buy: USA By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Long | TXNNASDAQ:TXN
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
Long | TXNNASDAQ:TXN
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
Texas InstrumentsMACD crossover and RSI bullish. Uptrend channel with breakout from support plus above 180 EMA.
TXN consolidating for another run?looks like TXN is following the same trend of run, dip, consolidate, and find new resistance. if this trend continues it should be due for another run to find a new resistance. with a tight stop loss, the risk to reward looks good on this one.
TXN SnapbackTXN has ran up significantly, becoming overextended on the bollinger bands, and overbought and greater than 90 on stochastics. It has also had 5 solid green days leading into the overextension, which are all signs for a pullback. Looking for 155 range as target.
Cup and HandlePossible Rising wedge. Just beware as Rising wedges can have a bearish bias
Handle low came dangerously close to mid cup which would invalidate the pattern.
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias.
While though this article will focus on the rising wedge as a reversal pattern, the pattern can also fit into the continuation category. As a continuation pattern, the rising wedge will still slope up, but the slope will be against the prevailing downtrend. As a reversal pattern, the rising wedge will slope up and with the prevailing trend. Regardless of the type (reversal or continuation), rising wedges are bearish.
Not a recommendation
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.
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.
TXNBased on my analysis:
1. Right now, TXN at major resistance.
2. Moreover, at fibo 1.0 from head & shoulder pattern.
3. MACD shows momentum is going down.
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!
