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27Apr

Texas Instruments Inc., Elliott Wave Technical Analysis 27 April 2023

Alessio Barretta |27 Apr, 2023 | 0 Comments | Return|

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Texas Instruments Inc., Elliott Wave Technical Analysis 27 April 2023

4Hour

Texas Instruments Inc., TXN: 4-hour Chart, April 27 2023,
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.


Daily

Texas Instruments Inc., Elliott Wave Technical Analysis
Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, April 27 2023,
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).

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