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Texas Instruments Inc.(TXN:NASDAQ) Elliott Wave Technical Analysis October 24 2022


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Texas Instruments Inc., Elliott Wave Technical Analysis

Texas Instruments Inc., (TXN:NASDAQ): Daily Chart, October 24 2022, 

TXN Stock Market Analysis:Looking for a potential end to wave (2) as we could start to resumethe overall uptrend.

TXN Elliott Wave count: Wave 1 of (3).

TXN Technical Indicators:We just broke through the 20EMA.

TXN Trading Strategy: Looking for further confirmation before considering long term positionsas there is still no clear evidence the uptrend has resumed.

TradingLounge Analyst: Alessio Barretta

 

TXN_10_24.png.5e4fd8655db2a1d3e9ead39da8b71823.png

 

 

 

Texas Instruments Inc., TXN: 4-hour Chart, October 24 2022

Texas Instruments Inc., Elliott Wave Technical Analysis

TXN Stock Market Analysis: Looking for an acceleration to the upside as it stands. Otherwise wewill most likely fall back and break the previous wave (1) origin.

TXN Elliott Wave count: Wave {i} of 1.

TXN Technical Indicators: Trying to break through the EMAs.

TXN Trading Strategy:Looking for short term trades to the upside on three wave pullbacks.

TXN_4H.png.f3f6b9cab160199beaa0c11326efbd58.png

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