TXN 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
Texas 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...
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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...
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.
...
TXN has been in a strong uptrend for the past year. It's 50 sma has been acting as a support zone. It has tested the 50sma now 7 times. With each test lower demand gets taken out. With the market showing strong signs of weakness, i believe that this will crack the upward trend and breakdown to 162 for the near term, and may keep moving lower beyond that.
The 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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*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
TXN, 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...
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
