TEXAS INSTRUMENTS INC
(TXN-NYSE):
Technical Viewpoint: From a low
of $67.56 on Aug 5, 1999 prices
rallied, reaching a
high of $93.44
on Sep 15, 1999. A
decline saw prices pull back, reaching a
low of
$79.81 on Sep 24, 1999.
Another rally saw prices penetrate
resistance, closing 10/4/99
at $90.44. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Oct 4, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $82.00. Resistance: Is at $93 1/2.
Point & Figure: Reversed to the upside on Oct 1, 1999. A P&F upside
reversal takes place at $85 1/2. Summary: Technical indicators have turned bullish. BUY! TEXAS INSTRUMENTS INC
(TXN-NYSE) @ $90 5/8 Stop: Use a protective stop of $87 7/8.
TEXAS INSTRUMENTS INC is currently trading @ $90.44 plus $4.41 on Oct 4, 1999. Price Objective:
$105.00. Risk/Reward: $2 3/4 VS. $14 3/8. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$105.00
Risk/Reward:
$2 3/4 VS. $14 3/8
Risk/Reward Ratio:
5:1
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