This is not a perfect rectangle but rarely is anything perfect as of late. There appears to be an M forming that has peak 2 higher than peak 1 which usually points to a Shark or a Cypher, but there is also the rectangle to think about as it has a resistance line and a support line. Several touches (blue stars) to the support line and each touch increases the...
Alright, I'm comfortable with this now. RSI divergence, Stoch RSI super strong, Deltas flipping from bear to neutral This is still not confirmed, set a stop under 161/162 spot (or whatever your spot might be, 160 is the last low) Buy some time, probably a month worth of theta would be good enough, maybe less depending on your general market outlook. Probably 165...
One of the more oversold chip stocks due to slowing forecast in recent ER. Forming a very solid base at weekly vwap support, RSI moving up and forming a divergence on 1hr, 2hr, and 4hr. PT would be around 171 mayyyybe 172 BUT, we would have to trade over the sellers vwap, earnings vwap, AND a higher high on daily RSI by the end of this week. Looking at the...
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.
As per the chart, double bottom and ascending triangle on the daily. bullish with the bounce today off the ascending triangle support line..... publishing for me to reference back to
Texas Instruments has been consolidating for almost a year, but now there could be signs of a pending move. The first pattern on today’s weekly chart is the series of higher lows since October as prices remained below roughly $184. The result is an ascending triangle, a potential bullish pattern that TXN could be trying to escape. Second, Average True Range...
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 Setup for Long 1- Trend is Bullish 2- Price is between strong support 182 and strong resistance 185 3- if price breaks above 185 then can take long entry 4- next resistance is at 190 5- if price come below 182 then next support is at 179 6- Entry Zones: -Zone1: above 185 -Zone2: 178-179
Texas Instrument saw a strong rally yesterday after the bullish candle closes above the 22-EMA. Moreover, the cup and handle formation is adding to the list of bullish reversal
The PEAD projected a Neutral outlook for $TXN after a Negative Under reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
TXN is trading into resistance. A large wedge pattern has formed. Chopping from the low end to the high end is still favourable until you break out and confirm above. TXN has a history of strong performance on earnings so i does favour a beat however the question is has the market priced this in already? Based on the volume trends it looks like there is...
Expectation of Texas Instruments ($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...
The PEAD projected a Neutral outlook for $TXN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%.
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...
Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing. The Analog segment semiconductors change real-world...