TXN rising and at fair value LONG
TXN is on a 240 minute chart. It is a grinder from the 70s. I was there and a proud owner of
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying after
a TTM squeeze at the mean of the anchored VWAP or the middle line of the bands is a way
to lower risk and get fair value. TXN was there for me back in the day. I am taking a long
trade now. It's time to get a full rebate ( or more with badly inflated dollars). TXN has retested
that mean VWAP line. It's good to go.
a TI programmable calculator costing $500 as a teenager. New cars cost $5000 for a nice VW
Bug ( got them nearly the same time). TXN has a role to play in semi-conductor and AI space.
It has been lagging others. The chart makes me believe that it is waking up. Buying after
a TTM squeeze at the mean of the anchored VWAP or the middle line of the bands is a way
to lower risk and get fair value. TXN was there for me back in the day. I am taking a long
trade now. It's time to get a full rebate ( or more with badly inflated dollars). TXN has retested
that mean VWAP line. It's good to go.
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