TXND trade ideas
TXN Short due to trade uncertainty
Semiconductors are crucial to the development of tech consumer goods. The trade tariffs are predicted to contribute to in increasing prices of tech devices for US consumers. This will lead to lower consumer spending.
Txn has broken 200 MA with new lows that is tied to above average trade volume vs the 30 day vol avg.
20% Account Risk
30% Margin used
3 Batches of trade entries if prices moves our direction - 300 Units each.
Initial risk is 2.8K (6.5% Account Risk)
TXN had a break away day from the primary uptrend todayTXN is one of many chip suppliers AAPL taking it on the chin today. This is a critical trend change today.
strong Buy for TXNIt is now trading at 109.01 as i writing. its looks like preparing for a big run up to the up side.
Target - $116, $120 or much higher
Stop loss- any daily close below $106.80.
TXN Possible Retrace ZonesLets keep it simple. Wish I posted this chart last week, here is a few things to take note.
TXN had obvious sell signals in the beginning of June. We have been riding the top of the bolly band since the as well.
We have earnings coming up before august, and i love selloffs before earnings! Also you can see the ichicloud crossing bearish.
You can see the momentum is still bearish, but with a few buy signals on the smaller time frames, but im looking at the 4 hour with this one.
Could see a bounce at the 382, with a possible triple top at my sell zone, into a selloff for new years, which ill re evaluate the situation at that time.
If this fails, a stop loss around 94 would be safe, as the levels below that will have to be re evaluated.
Note that it could possibly bounce back to the 114$ area short term as of this exact day, but my strategy is a 6 month trade.
Happy Trading, debating and speculating! Be sure to check out my other charts!
Swinging some calls on TXNI like this high wave candle for a break higher from the last two day highs. Also need to break the June 4 high and June 5 low.
Let's see what happens :)
texas instrument ...This is just a technical analysis . No one has the ability to know the future.
I prepare the entry and exit levels in my analysis according to my own risk profile. Risk profile and money management are personal matters. Everyone has their own risk perception. You should assess your risk profile and change if it's necessary. In capital markets, without money management, you just lose money. Do not start without knowing the money management because the losses will be much more dramatic if you are doing leveraged trades
TXN LongSpotted opportunity after NDXT pull back.
Strong EPS, mid range PE vs industry, limited order entered close to resistance point
Txn EPS:31.57 PE:3.68
TXN: Potential CD leg to $86.50TXN starting on a potential CD leg with a price objective of $86.50 which could stretch to $83 given the congestion zone between Mar to Jul.
TXN - Possible Bullish Swing TradeThis is a possible bullish swing trade I may enter next week depending on how TXN trades as well as how the overall markets look.
Looking at the hourly chart the 100 SMA has been providing support over the past few weeks, so we will see if that continues.
txn looks ready for liftofflooks ready for liftoff to me
almost a 3.0 R:R
lemme know what you think!
gl hf
xoxo
sn00p
TXN Follow Thru breakdownVery Weak first day off of Mixed earnings and inline guidance.
Looking for trend break or under Day 1 lows
$TXN LONG Hiking back to the original position $120 then b/o!$TXN LONG Hiking back to the original position $120 then b/o, i.e $115, $120, $125...
TXN back to resistanceAfter earnings, TXN broke short term trend line support. Its now heading back into the gap with trend line and the current level as resistance. Lets see what it does from here.
Mean reversion and up!TXN is rock solid stuff.
The concept is, if you buy four of the leaders of the same sector, what can go wrong?
Trade gracefully
Nice continuation on TI.Texas instruments triggered last week for a continueation.
everything look oh so good.
TXN october outlookIike the big white bull candle waiting to get in above purple like.
luving the momentum indicators.
