Interesting action after hours! Texas Instruments TXN is getting smacked:

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Even so, it hasn’t busted its uptrend. It’s going to take even more damage that this to wreck it.

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ServiceNow NOW is likewise getting spanked.

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In this instance, a bearish pattern already finished (Monday, in fact), although it might find support at that trendline, which isn’t far beneath price action.

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Lastly, Snap SNAP has been playing with the hearts and minds of option holders everywhere. I suspect owners of short-dated puts were jumping for joy just after the announcement, but the big spike down has been largely healed. It’s still down, but not by much.

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The daily chart, therefore, remains a sticky mess, and I don’t plan to get anywhere near it in either direction.

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