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TXN Blue Skies

By Johns Wu on Apr 18, 2006

"Texas Instruments said it earned $585 million, or 36 cents per share, in the most recent quarter compared to $411 million or 24 cents per share a year earlier."

TXN has just traded at 5-year highs in today’s afterhours trading. The longterm chart for TXN looks extremely bullish and healthy, and tomorrow may present a good entry for a low-risk, longterm position in TXN, as can seen in the TXN chart analysis.

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This entry was posted on Tuesday, April 18th, 2006 at 9:13 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.


3 Responses to “TXN Blue Skies”


By Space4u2go on April 19th, 2006 at 6:30 am

How do you search for stocks showing ascending triangle breakout? any thoughts!!!

By JWU on April 19th, 2006 at 10:01 am

i wrote a stock scan script that gives me a list of 40 candidates a day, and then i go throw these 40 stocks manually to look for good setups.

By Space4u2go on April 19th, 2006 at 11:27 am

Are there any specific parameters you would be looking for? such as RSI, ADX, BB, MACD, OBV, etc.

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