Texas Instruments ( NASDAQ:TXN ) saw a remarkable surge of around 7% in premarket trading following the release of its strong Q1 results, igniting a broader rally in chip stocks. The company's robust second-quarter revenue forecast, surpassing analyst estimates, has instilled optimism in the semiconductor market's recovery prospects. Texas Instruments (...
TXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space. It has been lagging others. The chart makes me believe that it is waking up. Buying...
MU on the monthly chart 4 weeks ago crossed above the previous ATHs of 2021-2022 and has risen without retesting. Adding $9 to the all time highs for 10% inflation since then would adjust them to $104 and price is now in that range and above. Price is in the uppermost anchored VWAP bands and thus prone to reversal. However, MU is not as overextended as NVDA....
Just broken out of a bullish flag pattern, I'm expecting the price to keep climbing upwards. Final target at 196 USD.
On the chart we can see that there are higher highs and higher lows. The RSI indicator crossing above the 50 mark and heading upward, indicates a bullish momentum. We expect that the price will reach the resistance. As it is a strong resistance, we anticipate the price to get rejected. Next, we expect another upsloping attempt towards the resistance level....
There is a major imbalance here. Subjective analysis of a chart that simply looks "heavy." I like it short to 144 because there is also confluence with downward sloping MACD and an income statement headed in the wrong direction QoQ.
With a healthy respect, Texas Instruments is advancing toward the resistance line at $158.99 slowly but surely. Soon, the share should climb above this mark and push off into the green zone between $215.90 and $237.98 to complete wave B in green before turning downwards again. There is a 33% chance, though, that the course could shift away from the next resistance...
The price is making an ascending triangle pattern so we expect the price to raise. Take the entry once the price breakout of the triangle. Look at the volume surge in order to avoid fake breakouts. Take profit and target are shown on the chart. Good luck
About Texas Instruments Texas Instruments (TXN) is a technology company that designs and manufactures a wide range of products, including analog and embedded processing chips. The company operates in two segments, Analog and Embedded Processing, and its products are used in various applications, including automotive, communication infrastructure, industrial, and...
TXN is trading into resistance. A large wedge pattern has formed. Chopping from the low end to the high end is still favourable until you break out and confirm above. TXN has a history of strong performance on earnings so i does favour a beat however the question is has the market priced this in already? Based on the volume trends it looks like there is...
Expectation of Texas Instruments ($TXN) & Potential Strategy Ideas: ---This is my first post, if you like my breakdown and mechanical analysis please comment other tickers you want to see--- $TXN is a bit in decisive now with pressure from buyers and sellers to either cash out close to the ATH (all-time-high) of $199.86 or wait to catch a small...
NASDAQ:NVDA as shown on the chart with a strong day before the Thanksgiving Day break. Will others in the semi-conductor sector follow ?
Upgoing zigzag, prolonged ?WXY on B Wave, pre confirmation, heading for overbought normalization. I like the fact that A Wave ended with nil divergence on the daily, which is indicative of further growth at some stage down the track prost a retrace. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the...
Goals 160, 153. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to....
Up Channel Breakout with a large inverted ascending scallop formation Inverted ascending scallops are a bullish pattern, and will likely act like this as a support is found above the channel
BTC and TXN share very similar non log charts However BTC is slightly ahead of TXN , from this we can draw possible price movement for TXN from BTCUSD Price action is pasted in red See how it plays out
My models say the Fed cannot raise rates beyond 0.5 points tomorrow or they cannot be trusted in the future. We should see a quick rally to end this week and perhaps begin next week, before the reality of $6+ fuel prices set in again and we continue the bear market. Based on historical movement, the trough could occur anywhere in the larger red box. The final...
TXN $TXN Initial Short. TP and S on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.