TXN
$SOXL Inverted Cup and Handlel (SELL NOW!)Grasping chart patterns is essential for market participants. This article explores the inverted cup and handle formation, a bearish signal that suggests potential downward movement.
The inverted cup and handle, also known as an upside-down cup and handle pattern, is a bearish chart pattern that can appear in both uptrends and downtrends. It is the reverse of the traditional bullish cup and handle pattern. The inverted formation consists of two main components: the "cup," an inverted U-shape, and the "handle," a small upward retracement following the cup.
SELL NASDAQ:NVDA AMEX:SOXL NASDAQ:AMD NASDAQ:AVGO NASDAQ:QCOM NASDAQ:MRVL NASDAQ:MU $TXN.
Lets BUY it again WHEN IT'S LOW guys.
Mark my word
TXN Texas Instruments Incorporated Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TXN Texas Instruments Incorporated prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $6.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$TXN Texas Instruments Weakness????? Target 193.12TXN has lost last week’s lows and made a new monthly low on increased volume. If possible TXN looks to be getting ready to retest the 193.12 area which is the 150 day demand zone where the stock should bounce. I am bearish if we lose yesterday’s lows of 198.11 with 193.12 as a target. Capturing a downward move of 4.99
TXN Texas Instruments Incorporated Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TXN Texas Instruments Incorporated prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $6.08.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TXN potential Buy setupReasons for bullish bias:
- Price broke All time high
- Strong resistance breakout
- Accumulation phase breakout
- Strong weekly closing
- Positive Earnings
Here are the recommended trading levels:
Entry Level(CMP): 188.18
Stop Loss Level: 176.92
Take Profit Level 1: 199.44
Take Profit Level 2: 214.95
Take Profit Level 3: Open
Texas Instruments Stock Surge on Strong Q1 ResultsTexas Instruments ( NASDAQ:TXN ) saw a remarkable surge of around 7% in premarket trading following the release of its strong Q1 results, igniting a broader rally in chip stocks. The company's robust second-quarter revenue forecast, surpassing analyst estimates, has instilled optimism in the semiconductor market's recovery prospects.
Texas Instruments ( NASDAQ:TXN ), renowned as a semiconductor bellwether due to its extensive product applications across various industries, reported a stellar performance in its first-quarter results. The company's shares soared in premarket trade, indicating a positive market sentiment towards semiconductor stocks.
One of the key highlights of Texas Instruments' Q1 earnings report was its bullish revenue forecast for the second quarter, with a midpoint projection of $3.8 billion. This forecast exceeded the expectations of analysts, who had estimated revenue of $3.77 billion. Such optimistic guidance from Texas Instruments bodes well for the broader semiconductor industry, reflecting a potential uptick in chip demand across multiple sectors.
Analysts at J.P. Morgan expressed confidence in Texas Instruments' growth trajectory, anticipating a sustained recovery throughout the year's second half and into 2025. This outlook underscores the company's resilience and its ability to capitalize on improving market conditions.
Furthermore, the resurgence in demand for consumer electronics signals a positive trend for Texas Instruments ( NASDAQ:TXN ), suggesting that inventory corrections in clients' analog chip holdings may be nearing completion. However, challenges persist in the automotive segment, where inventory clearance is still underway. Despite this, Texas Instruments ( NASDAQ:TXN ) remains well-positioned to navigate market fluctuations and capitalize on emerging opportunities.
TXN rising and at fair value LONGTXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying after
a TTM squeeze at the mean of the anchored VWAP or the middle line of the bands is a way
to lower risk and get fair value. TXN was there for me back in the day. I am taking a long
trade now. It's time to get a full rebate ( or more with badly inflated dollars). TXN has retested
that mean VWAP line. It's good to go.
MU breaks through ATHs Bullrun does not relent LONGMU on the monthly chart 4 weeks ago crossed above the previous ATHs of 2021-2022 and has
risen without retesting. Adding $9 to the all time highs for 10% inflation since then would adjust
them to $104 and price is now in that range and above. Price is in the uppermost anchored
VWAP bands and thus prone to reversal. However, MU is not as overextended as NVDA. Its
upside is likely there as it competes in the space. Growth will accelerate once the new chip
plant in upstate NY comes online after the construction is completed. NVDA is reportedly
looking at Vietnam. I already have a large sized position in MU. I will add to it now even
if it may be overbought. There is good cause for the overbuying. I want to support the domestic
economy and understand national security interests in chip manufacturing here in the USA
consistent with the recent federal law and stimulus associated with it.
TXN - long positionOn 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. Invalidation of this theses would be if the price closes below the upsloping trendline.
Texas Instruments: Don’t Rush It! 🐢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 line, dropping below the support at $144.49 instead. In that case, we would expect Texas Instruments to develop wave alt.IV in gray in the gray zone between $130 and $107.68 before moving upwards anew.
Texas Instruments (TXN) - Is the stock overvalued?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 personal electronics.
Strong financial performance in recent years
In recent years, Texas Instruments has seen strong financial performance, driven by strong demand for its products and increasing demand for its embedded processing solutions. The company has consistently delivered revenue and earnings growth, driven by its broad portfolio of products and its ability to continuously innovate and bring new products to market.
Is Texas Instruments (TXN) stock overvalued?
From a technical perspective, the stock price of Texas Instruments has been in an uptrend since the beginning of 2020, and has outperformed the S&P 500 index over that time period. The stock price has consistently made higher highs and higher lows, indicating strong bullish sentiment. In addition, the stock has consistently traded above its 200-day moving average, which is often used as a measure of long-term trend.
The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a stock's price action. The RSI for Texas Instruments is currently in bullish territory, indicating that the stock is overbought and may be due for a pullback. However, the RSI can remain in overbought territory for an extended period of time, so it is important to consider other technical indicators when making a trading decision.
One potential area of concern for the stock is its valuation. Texas Instruments currently trades at a premium to its historical valuation, which could indicate that the market is pricing in high expectations for future growth. In addition, the stock's price-to-earnings (P/E) ratio is higher than the industry average, which could make it vulnerable to a pullback if the company's earnings growth slows or if the market becomes more cautious.
Conclusion
In conclusion, Texas Instruments has demonstrated strong financial performance and technical strength in recent years. However, investors should be aware of the stock's elevated valuation and consider other factors, such as the company's earnings growth and the overall market sentiment, when making a trading decision. It is always recommended to consult with a financial advisor before making any investment decisions.
Disclaimer
Norvestio AS only offers analysis based on analyst estimates and historical data, and our articles are never meant to be taken as financial advice. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position.
TXN - Texas instruments (earnings)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 distribution occurring which could signal a sell after earnings even if the report is good.
Texas Instruments - Full analysis for December 2022 Daily ChartExpectation 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 upside-push expected from $TXN Q4 report out in early 2023. Currently $TXN is still holding steady over DOW and S&P by 1.56% during general market recovery. New contracts with $TXN and DoD will increase revenue on Q4 report, if market recovery continues at a steady or slower rate buyers win for Long-Term hold on $TXN while sellers will try and either convert to buyers trying to get in before the Q4 report or like we have seen in other markets create a mass sell-off either through a whale with Put options or large stake in the market or community sell-off (i.e. the AMC/GameStop massive market flooding except as a mass selling). For December we can expect to continue to see this fight between sellers and buyers as the pressure builds towards Q4, buyers have the upside with countdown to Q4 and also typically winter/holiday season we see less inverse-traders in the market meaning less active sellers. Price will maintain until end of December (watch for false breakouts look at yellow ceiling line we see 2 have already happened and we will see more) with slight push upside.
Strategy Ideas: -
Bull's : hold for upside from a long position until Q4
Bear's : short position you can take advantage of the false breakout's occurring but act quickly so keep an eye on the 15min / 1hr chart and compare that to your daily trends and anticipate only small moves toward downside for risk mitigation.
Call Option's: with false breakouts occurring more frequently while sellers fight back increasing pressure so no weekly options but you can go long until Q4 report (look for a date 2-3 weeks after report as buffer to have time to cash out the most you can w/o worrying about expiring your option). Or if you can't get an option far out and need a shorter term then you can catch a very small upside out after an expected false breakout make sure your order is filed at the lowest PP (price-point from the false breakout) and exercise option before expiration date.**For Call/Put Options right now in indecisive markets make sure you check your Delta on that options contract and choose a higher one to be safe and avoid False/Confirmed breakout's**
Put Option's: since we are approaching ATH for $TXN you can buy Put's for under $195 PP on the short-term position this way you mitigate risk if we do break out toward upside after Q4 report, since there's a lot of indecisiveness take advantage and set your ceiling key-levels as your strike price this way you can collect while being safe. **For Call/Put Options right now in indecisive markets make sure you check your Delta on that options contract and choose a higher one to be safe and avoid False/Confirmed breakout's**
Inverse Trades: preferably stay out until you can catch a good sighting of market, too much indecision to make any big swing moves. Watch volume on the daily and 4hr chart so you can track when to enter and leave for short and small profits. However, indecisiveness is not good for inverse.
NASDAQ:TXN
The Texan is firing it up. TXNUpgoing 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 game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Texas Instruments say "Yeehaw" and miss. TXNGoals 160, 153.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe