TXN trade ideas
$TXN SHORT IF BREAK DOWN 114.8 TARGETING 106 SL 121 NOW 117.79Possible bearish pattern if break down blue line and close below main support at 114.8 where all this upmove starts . possible targeting point of 106 where investors confirm bull run . stoploss for this idea to close above 121
No clear direction. Wait for next confirmationOn daily chart, the price already hit SMA200, plus it also testing a strong support yesterday.
On weekly chart, it has broken the trend line.
However, there's still no clear direction.. It may got up or may go down.. Too risky to enter trade at the moment.
Wait and see next confirmation either bullish or bearish.
$TXN Broken Trend Bearish trend targeting 114 and 112 SHORTRSI keep weakening with all other indicators suggested further decline to 114 support then to 112 1.62 fibo then we can see bounce to fill up previous earning gap but not soon
TXN is holding support after the gap and looks poised to bounceNASDAQ:TXN gapped down and fell on earnings day with high volume, but the stock immediately stabilized and found support. Notice how broken resistance and the August low mark a clear support zone. The long-term trend is still up and there are also two bounces off the 116 area in late October. Semiconductors are strong overall and I expect TXN to continue higher.
Buy and sell opportunityBuy and sell opportunity: wait for a bullish and bearish reversal in buy and sell zones respectively.
Trend analysis:
Monthly - up
Weekly - down (correction)
Daily - down (correction)
Hourly - down
Long-term opportunity: buy
Short-term opportunity: sell
$TXN Short Texas Instruments Into Earnings... I amI've got a sad little OOM put for this domestic semi. The 1hr trend was broken and seemed to form a bear flag. We shall see.
Goodluck. And never trade on my or anyone else's opinion.
Your trades = your gains/losses.
NASDAQ:TXN
Texas Instruments overlapping bullish CyphersIf you are shorting Texas Instruments (playing the rising wedge?), there are many bullish Cyphers which could present turbulence, or a reversal to the upside, starting at around $123. On the plus side, there could be a nice low-risk entry for a long at $120.
TXN topping off this will probably lead to #nasdaq to the Hell! One of the big player among NASDAQ.
TXN might be topping off.
Texas instruments is facing massive resistance at the moment and making rising wedge.
$TXN perfect storm TXN hit all time highs today showing a double top pattern giving us a measured move that would also break us out of a rising wedge, we also have coinciding bearish divergence on the macd and tailend bearish div on the rsi, oh and last but not least to add to this perfect storm we have hit resistance at the golden mean raito 1.618 fib extension
Texas Instruments Bullish but watch out for tweets. For just as long as Mr Trump plays along with this trade talk saga, TXN remains a strong buy, while on the other hand any breakdown in talks/negotiations it will get hit.
Play it long but play it safe, out once market momentum swings.
COMPANY PROFILE
Texas Instruments Incorporated engages in the design and manufacture semiconductor solutions for analog and digital embedded and application processing. It operates through the following two segments: Analog & Embedded Processing. The Analog segment semiconductors change real-world signals such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company was founded by Cecil H. Green, Patrick Eugene Haggerty, John Erik Jonsson and Eugene McDermott in 1930and is headquartered in Dallas, TX.
TXN Possible summer tech shortNot sure about, will follow the outlined projection for a bit,as it appears to make two failed attempts at new highs. Entry 117 SL 121 TP 92 is a big RR, 6.25.
TXN GAP Fill ReversalTXN recently filled a gap in its daily chart, typically after a gap fill there is the reversal. Now that it's closed its previous gap, I'm looking for a push back to the price before the gap at $126. I call it the gap fill reversal and is one of my favorite plays. Although there is a lot of uncertainty in the market as of now with the trade war, causing technicals to get overpowered by volatility in the news. Be careful
Texas WedgieTXN forming a wedgie, looks like it's gonna gap up tomorrow morning. Guessing it will close the gap right away like MSFT did.
Here's the funny thing, they made less than last year yet it's going to ATH because they beat estimates which are lower than last year's.
Every DOW component doing the same stupid thing, NKE net income the past year was lower than 2017, lol. Stocks are completely disconnected from reality, but you can't trade on fundamentals. Stock market is in a bubble, it's like trading Bitcoin now.
Note: I'm not planning on trading TXN.
Massive Inverted H&S on TXN Weekly. Reports after close on 7/23Lots of 7/26 calls bought on 7/19 vs. open interest on the 117, 119 & 120 strikes. Longer term target 150 on a clear break of 124.50.
Texas Instruments is forming a huge inverse H&S, $120 neckline.TEXAS INSTRUMENTS INC. NASDAQ ($TXN). To look at the chart you would not associate it with a stock in the Semiconductor sector, after the declines in 2018 it has now rallied 30% from the lows and is hitting at the door of a major breakout. From a technical perspective the weekly chart has developed what appears to be a inverse H&S in conjunction with the RSI. The remaining indicators are setting up bullish with the exception of the Momentum indicator which is a worry as it lags as does the volume profile.
So as to get a breakout there needs to be a serious increase in volume to cross the $120 neckline and maintain a rally to the $140 level.
AVERAGE ANALYSTS PRICE TARGET $116
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 21
SHORT INTEREST 2%
COMPANY PROFILE
Texas Instruments Incorporated engages in the design and manufacture semiconductor solutions for analog and digital embedded and application processing. It operates through the following two segments: Analog & Embedded Processing. The Analog segment semiconductors change real-world signals such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company was founded by Cecil H. Green, Patrick Eugene Haggerty, John Erik Jonsson and Eugene McDermott in 1930and is headquartered in Dallas, TX.
TXN Position Opportunity -- Swing / Long Term TradeEntry < 105
Protective Stop < 100
Safety Target 112.50
Final Target 127.50
Support with 200 EMA and 200 SMA + Weekly Uptrend
Breaking Highs
Unfilled orders between 105 and 100 (UFOs green)
