By
Peter Mathers
of
Trading Lounge
Tuesday, September 20, 2022 9:58 AM EST
Texas Instruments Inc., Elliott Wave Technical Analysis
![](https://cdn.pixabay.com/photo/2020/01/09/15/12/processor-4753037__480.jpg)
Texas Instruments Inc.,(TXN): Daily Chart, September 20 2022,
TXN Stock Market Analysis:Looking for one last move lower into wave {v} as we approach the end of the correction.
TXN Elliott Wave count: {v} of C.
TXN Trading StrategyLooking for shorts for one last push lower..
TXN Technical Indicators:The 20 EMA(red line) may act as resistance soon.
TradingLounge Analyst: Alessio Barretta
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_txn_9_20.webp)
Texas Instruments Inc., TXN: 4-hour Chart, September 20 2022
Texas Instruments Inc., Elliott Wave Technical Analysis
TXN Stock Market Analysis: We could move just a bit higher before falling back lower into wave {v}.
TXN Elliott Wave count: {v} of C.
TXN Technical Indicators: 200EMA acting as resistance.
TXN Trading Strategy: Look for a bounce of the averages to then place shorts.
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_txn_4h_637992563706279840.webp)
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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...
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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.
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