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Texas Instruments Inc.(TXN:NASDAQ) Elliott Wave Technical Analysis 7 August 23


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Texas Instruments Inc., Elliott Wave Technical Analysis
Texas Instruments Inc., (TXN:NASDAQ): Daily Chart 7 August 23
TXN Stock Market Analysis: We have been moving as expected, looking for much more downside to come into wave Y. Despite of what will happen, this sideways move seems corrective in nature, which is why I am expecting further downside.  
TXN Elliott Wave Count: Wave 1 of (C).
TXN Technical Indicators: Above averages.
TXN Trading Strategy: Looking for shorts into wave 3 of (C).
TradingLounge Analyst: Alessio Barretta
Source : Tradinglounge.com get trial here!
 
TXN_8_7.png.5738e861fc93cb93796fd0b478f07731.png
 
 

 
Texas Instruments Inc., TXN: 4-hour Chart, 7 August 23
Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: Looking for a series of threes and fours to complete wave 1. We could be looking for short term shorts into wave {v}.
TXN Elliott Wave count:  Wave {iii} of 1.
TXN Technical Indicators: Below all averages.
TXN Trading Strategy: Looking for shorts into wave {v} if we get the pullback in wave {iv}.
TXN_4H.png.a5b4108bebc5b257d3fab301e38a5a7a.png
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