Learn to Evaluate (TXN) using the Charts
October 29, 2024, 15:04 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TXN
- Buy TXN near 198.13 target 210.75 stop loss @ 197.56 Details
The technical summary data tells us to buy TXN near 198.13 with an upside target of 210.75. This data also tells us to set a stop loss @ 197.56 to protect against excessive loss in case the stock begins to move against the trade. 198.13 is the first level of support below 210.535 , and by rule, any test of support is a buy signal. In this case, support 198.13 would be being tested, so a buy signal would exist.
- Short TXN slightly under 210.75, target 198.13, stop loss @ 211.36 Details
The technical summary data is suggesting a short of TXN as it gets near 210.75 with a downside target of 198.13. We should have a stop loss in place at 211.36though. 210.75 is the first level of resistance above 210.535, and by rule, any test of resistance is a short signal. In this case, if resistance 210.75 is being tested, so a short signal would exist.
Swing Trading Plans for TXN
- Buy TXN slightly over 210.75, target 223.06, Stop Loss @ 210.14 Details
If 210.75 begins to break higher, the technical summary data tells us to buy TXN just slightly over 210.75, with an upside target of 223.06. The data also tells us to set a stop loss @ 210.14 in case the stock turns against the trade. 210.75 is the first level of resistance above 210.535, and by rule, any break above resistance is a buy signal. In this case, 210.75, 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 210.75, target 207.72, Stop Loss @ 211.36. Details
The technical summary data is suggesting a short of TXN if it tests 210.75 with a downside target of 207.72. We should have a stop loss in place at 211.36 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, 210.75, 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 210.75, target 213.57, Stop Loss @ 210.26 Details
If 210.75 begins to break higher, the technical summary data tells us to buy TXN just slightly over 210.75, with an upside target of 213.57. The data also tells us to set a stop loss @ 210.26 in case the stock turns against the trade. 210.75 is the first level of resistance above 210.535, and by rule, any break above resistance is a buy signal. In this case, 210.75, 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 210.75, target 207.8, Stop Loss @ 211.24. Details
The technical summary data is suggesting a short of TXN if it tests 210.75 with a downside target of 207.8. We should have a stop loss in place at 211.24 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, 210.75, 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 October 29:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Strong |
| P1 |
0 |
0 |
198.13 |
| P2 |
207.8 |
197.35 |
210.75 |
| P3 |
213.57 |
207.72 |
223.06 |
AI Generated Signals for TXN
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Texas Instruments Incorporated (NYSE: TXN) report below can help you understand how to do this. The trading plans for TXN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TXN:
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