Texas Instruments Inc.(TXN:NASDAQ) Elliott Wave Technical Analysis 27 April 23

Texas Instruments Inc., Elliott Wave Technical Analysis

Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, 27 April 23,

TXN Stock Market Analysis: After we got stopped out at breakeven in our trade, I reviewed the whole count and I am allowing for much more downside. Looking for the move in wave (A) to complete within the end of the month to then look for a pullback in wave (B).

TXN Elliott Wave Count: Wave (A) of Y.  

TXN Technical Indicators: Below all averages, RSI bearish divergence.

TXN Trading Strategy: Looking for short before wave (A) end to then look for additional shorts at the end of wave (B).

TradingLounge Analyst: Alessio Barretta

Source : Tradinglounge.com get trial here!

Texas Instruments Inc., TXN: 4-hour Chart, 27 April 23,

Texas Instruments Inc., Elliott Wave Technical Analysis

TXN Stock Market Analysis: Looking for more downside as labelled, we could start to form a series of threes and fours which should be shorting opportunities.

TXN Elliott Wave count: Wave 3 of (A).  

TXN Technical Indicators: Below all averages.

TXN Trading Strategy: Looking for additional downside.

# Technical Analysis

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  • JohnnyYoung
    ·2023-04-28

    First Quarter at the helm and Chief Executive Haviv Ilan is a failure. Sucking away Stockholder value as he performs poorly. What a poor choice in succession.

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  • Theycallmefi
    ·2023-04-28

    Great ariticle, would you like to share it?

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  • AdamDavis
    ·2023-04-28

    Has anyone seen a dividend announcement of TXN this month?

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  • Allen Chin
    ·2023-04-27
    666
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