Texas Instruments Inc., Elliott Wave Technical Analysis
Texas Instruments Inc., (TXN:NASDAQ): 4h Chart 18 December 23
TXN Stock Market Analysis: We have been looking for longs after we’ve seen 150$ acting as tested support. Looking for a series of wave threes and fours as we could head towards major level 200$.
TXN Elliott Wave Count: Wave (iii) of {iii}.
TXN Technical Indicators: Above all averages.
TXN Trading Strategy: Looking for longs after a pullback in wave (iv).
TradingLounge Analyst: Alessio Barretta
Source: Tradinglounge.com get trial here!
Texas Instruments Inc., TXN: 1-hour Chart 18 December 23
Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: Looking for a pullback into subminuette wave iv, to potentially retrace towards 165$ at around 38.2% of the advance in wave iii. Invalidation level stands at the top of wave i.
TXN Elliott Wave count: Wave iv of (iii).
TXN Technical Indicators: Above all averages.
TXN Trading Strategy: Looking for longs after a pullback in wave iv.
