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Texas Instruments Inc.(TXN:NASDAQ) Elliott Wave Technical Analysis September 20 2022


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Texas Instruments Inc., Elliott Wave Technical Analysis

Texas Instruments Inc.,(TXN:NASDAQ): Daily Chart, September 20 2022
TXNStock Market Analysis:Looking for one last move lower into wave {v} as we approach the end of the correction.

TXN Elliott Wave count:  {v} of C.

TXNTrading StrategyLooking for shorts for one last push lower..

TXNTechnical Indicators:The 20 EMA(red line) may act as resistance soon.

TradingLounge Analyst: Alessio Barretta

 TXN_9_20.png.a37ca68110befd5d2147fb83735cd26f.png

 

 

 

Texas Instruments Inc.,TXN: 4-hour Chart, September 20 2022

Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: We could move just a bit higher before falling back lower into wave {v}.

TXNElliott Wave count:  {v} of C.

TXN Technical Indicators: 200EMA acting as resistance.

TXNTrading Strategy: Look for a bounce of the averages to then place shorts.

TXN_4H.png.ca6b0e3a9fc2f4c2c337410b69e2e214.png

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