TXN
TXN exposure to ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
54% of TXN Texas Instruments revenue comes from China.
My price target from TXN is $134.
Looking forward to read your opinion about this.
TXN shortEntry price: 199-201$
Target price: 186-189$
Bollinger bands: the price approached the upper boundary
RSI: bearish regular divergence, therefore, the price retracement is likely to occur
Stochastic: the asset is overbought
Candle pattern: bearish engulfing
Conclusions: All indicators suggest trend reversal in the near future. Thus, the short position is recommended.
No financial advice
Algorithm has TXN breaking up to new ATH soonIt looks like bottom could be in. Not only could TXN reach and all-time high, but they would breakout of the sideways funk they have been in since mid-March of this year.
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on August 16, 2021 with a closing price of 189.85.
If this instance is successful, that means the stock should rise to at least 192.19 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 4.389% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 6.776% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 11.234% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 35 trading bars after the signal. A 1% rise must occur over the next 35 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 9 trading bars; half occur within 24 trading bars, and one-quarter require at least 33 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
TXN (NASDAQ) - Follow TrendGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
TXN (NASDAQ) - Follow Trend
1 Month Vix vs LABD correlationInteresting correlation between VIX and LABD over the last month. Really goes to show how volatility/sentiment is driving LABD right now and not any view of fundamentals. There has also been a tight correlation between LABD and TXN too, but only over the last month. 1Y TXN LABD is not closely correlated.
VIX
LABD
TXN
TXNTXN, 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 bearish, AMAT 104P BID/ASK 1.15/1.22 can work.
$TXN Oversold - Buy The Dip$TXN Oversold - Buy The Dip
Texas Instruments selling off today with the rest of tech. Looking like a prime "buy the dip" candidate for a quick bounce back after holding ~$129 support area and beating earnings estimates earlier this week.
Near term target: $137.50-$140.00 range
Note: Not investment advice
TXN - Texas Instruments - Short / Bearish Divergence
Entry: 130.52
Stoploss: 136.32
Target zone 122-118
R/R ratio: 1:1,2 to 1:2
TXN - Texas Instruments
On the weekly I see a rejection on the reistance of 132 $.
We have a bearish divergence on EFI and MACD-H, and the impulse is yellow as well.
RSI is still rising and %D and %K are widening, which is a bit worrysome.
On the daily, we see there is a rejection candle and with that a bearish divergence is drawn on MACD-H, not on EFI though.
It would be good to enter now, althought the market open could give us a better price, or new insights on this ticker.
So I’m carefully monitoring the market on monday, before entering this short.
The target is set on the weekly, and consist of a move of 2 ATR levels. Considering the history, the -1 ATR level is mostly crossed on divergences and strong pullbacks, so this sounds reasonable.
I will evaluate the market on monday en update accordingly. This could be an interesting trade.
Will update here later.
SMH - To Go Short or Go Long? You DecideI'd like everyone's input. Kind of like a forum if we could. Explain what your seeing from your perspectives and back it up with technical info, etc.
I'm currently short the SMH with some 11/22 $129 puts, but I'm considering only holding half of them through $NVDA earnings tonight. I personally don't think they'll outperform...especially since they've had an incredible run in the past month. This is why I'm leaning bearish on SMH and the market as a whole. GLTA.
What's your perspective?