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Texas Instruments Inc., Elliott Wave Technical Analysis Tuesday 06 December 2022

Alessio Barretta |06 Dec, 2022 | 0 Comments | Return|

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Texas Instruments Inc., Elliott Wave Technical Analysis Tuesday 06 December 2022

4 Hour

Texas Instruments Inc., TXN: 4-hour Chart, December 6 2022
Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: Looking for further upside as we have a nice alternation between a sharp wave {ii} and a sideways/potential triangle wave {iv}.
TXN Elliott Wave count:  Wave {iv} of 3.
TXN Technical Indicators: 20EMA currently acting as support.
TXN Trading Strategy: Looking for longs with an aggressive stop at 171$ and a more conservative stop at 166$.


Daily

Texas Instruments Inc., Elliott Wave Technical Analysis
Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, December 6 2022,
TXN Stock Market Analysis: It looks like we are into wave (3) and we are looking to extend higher. We have consolidated above all averages and it looks like we are ready to resume higher.
TXN Elliott Wave Count:  Wave {iv} of 3.
TXN Technical Indicators: Above all EMAs.
TXN Trading Strategy: Looking for longs into wave {v} which you can already start to build.

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