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Texas Instruments Inc., Elliott Wave Technical Analysis

Texas Instruments Inc., (Nasdaq: TXN): Daily Chart 11 August 2023

TXN Stock Market Analysis: Looking for downside into primary wave 4 with downside target at around 145-130$ where we have a cluster of upside signals.  

TXN Elliott Wave Count: Wave {i} of C.  

TXN Technical Indicators: Below all averages.

TXN Trading Strategy: Looking for shorts on the way down into wave 4.  

Analyst: Alessio Barretta

Texas Instruments Inc., TXN: 4-hour Chart 11 August 2023

Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: Looking for downside into wave (v) of {i} which can be traded with invalidation at 174.4$. Looking for a pullback into wave {ii} after that.  

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

TXN Technical Indicators: Below all averages.

TXN Trading Strategy: Looking for shorts into wave (v).

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