When (TXN) Moves Investors should Listen
February 17, 2024, 00:14 am ET, BY John- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TXN
- Buy TXN slightly over 157.81 target 168.65 stop loss @ 157.35 Details
The technical summary data tells us to buy TXN near 157.81 with an upside target of 168.65. This data also tells us to set a stop loss @ 157.35 to protect against excessive loss in case the stock begins to move against the trade. 157.81 is the first level of support below 160.38 , and by rule, any test of support is a buy signal. In this case, support 157.81 is being tested, a buy signal would exist.
- Short TXN slightly under 168.65, target 157.81, stop loss @ 169.14 Details
The technical summary data is suggesting a short of TXN as it gets near 168.65 with a downside target of 157.81. We should have a stop loss in place at 169.14though. 168.65 is the first level of resistance above 160.38, and by rule, any test of resistance is a short signal. In this case, if resistance 168.65 is being tested, a short signal would exist.
Swing Trading Plans for TXN
- Buy TXN slightly over 161.47, target 168.65, Stop Loss @ 161 Details
If 161.47 begins to break higher, the technical summary data tells us to buy TXN just slightly over 161.47, with an upside target of 168.65. The data also tells us to set a stop loss @ 161 in case the stock turns against the trade. 161.47 is the first level of resistance above 160.38, and by rule, any break above resistance is a buy signal. In this case, 161.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TXN slightly near 161.47, target 157.81, Stop Loss @ 161.94. Details
The technical summary data is suggesting a short of TXN if it tests 161.47 with a downside target of 157.81. We should have a stop loss in place at 161.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 161.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for TXN
- Buy TXN slightly over 161.47, target 168.65, Stop Loss @ 161.09 Details
If 161.47 begins to break higher, the technical summary data tells us to buy TXN just slightly over 161.47, with an upside target of 168.65. The data also tells us to set a stop loss @ 161.09 in case the stock turns against the trade. 161.47 is the first level of resistance above 160.38, and by rule, any break above resistance is a buy signal. In this case, 161.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TXN slightly near 161.47, target 159.92, Stop Loss @ 161.85. Details
The technical summary data is suggesting a short of TXN if it tests 161.47 with a downside target of 159.92. We should have a stop loss in place at 161.85 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 161.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Texas Instruments Incorporated (TXN) available here: TXN.
TXN Ratings for February 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Weak |
Neutral |
| P1 |
0 |
0 |
147.06 |
| P2 |
155.96 |
157.68 |
157.81 |
| P3 |
159.92 |
161.47 |
168.65 |
AI Generated Signals for TXN
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Texas Instruments Incorporated (NYSE: TXN) report below is a real world example. Included are trading plans for TXN, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TXN:
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