Texas Instruments breakout trade Entry level $133.50 = Target price $143.67 = Stop loss $130.65
Levels of Interest = $132.46
P/E ratio = 24.
Average Recommendation: Overweight Average Target Price:$129.31
12 BUY
01 OVERWEIGHT
18 HOLD
1 SELL
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.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
TII trade ideas
TXN Bearish EngulfingBearish Engulfing, Bearish Divergence & at resistance level
1 Trade Pullback to 0.382 Fib / Trendline and resume uptrend? or break through?, Place stop above high of candle.
2 Trade Break through trendline and pullback to support / 0.786 Fib, we can expect rebound and test of trendline, if stock sentiment has turned bearish it will probably miss short of retracing all the way back to trendline. Place stop above candle which breaks the trendline.
Earnings 22 Jan After Market Close
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 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.
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 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 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