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Texas Instruments Inc.(TXN:NASDAQ) Elliott Wave Technical Analysis December 6 2022

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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 extendhigher. 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.

TradingLounge Analyst: Alessio Barretta






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 asharp 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$.


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