Inverted Head and ShouldersI see a possible inverted H&S
Neckline is Breakout
Earnings 7-21 AMC
All time high is 135.7
TXN has fallen out of it's rising wedge
This is not a recommendation. The stock has not broken the neckline, and I do not own this stock..yet (O:
Rising wedges are bearish and I do not like to trade until the stock has fallen out. Falling wedges can be very bullish and can be a reversal signal when the stock breaks from the falling wedge
There are a lot of stocks in rising wedges right now. WDAY, KLAC, LRCX, these wedges can vary in size. I have noticed they do not fall out or down very far but they can fall the width of the wedge.
Be safe!