TXN Breakout watch

2021년 9월 16일

TXN has formed a clear breakout pattern. Price has a clear shot at 200 or higher if the market provides support. Stock needs to hold the tan box. If it gaps up premarket I will wait for a pull back into the box.. Watch for a false breakout given the recent market weakness. Any move back below box would void the trade. Targets are the fib extensions above.

2021년 9월 16일

노트

Be aware that price may need to pull back again before making a push to new highs. A trade can be taken off of the bottom of the box with a tight stop or on a clean break with volume of the high.

2021년 9월 18일

노트

So it pulled back today and maintained bullish price action despite big down day for the indexes. Will continue to watch next week.

2021년 9월 23일

노트

Pulled back with the broader market but has now recovered. Back on breakout watch.

2021년 9월 25일

노트

Broke out on next try. T1 hit.

2021년 9월 27일

노트

Will close the remainder b/e if the markets sell off. I can always re-enter.

2021년 9월 29일

노트

Stopped.