Market Flash: $TXN 📊
Suggested Direction: Short
Entry: 260.0145-261.8911
Stop-Loss Reference: 262.9336
Target Prices: 258.5549/256.4698/253.3421
Analysis: Wow, TXN’s price action is really getting people impatient. The short-term moving averages have already crossed below the long-term moving average, and the MACD has also formed a dead cross—this is a textbook bearish signal. Now the price is hovering around the short-term moving average again, which is exactly the kind of frustrating “chop” pattern that wears people down. I suggest everyone exit the trade as soon as possible. I’ve also marked the stop-loss around 262—adjust your position size according to your own risk tolerance. Don’t let this market turn you into a rookie.
Tip: Suggested Stop-Loss Level: 262.933632. Please adjust your position based on your own risk preference.
#TXN
Suggested Direction: Short
Entry: 260.0145-261.8911
Stop-Loss Reference: 262.9336
Target Prices: 258.5549/256.4698/253.3421
Analysis: Wow, TXN’s price action is really getting people impatient. The short-term moving averages have already crossed below the long-term moving average, and the MACD has also formed a dead cross—this is a textbook bearish signal. Now the price is hovering around the short-term moving average again, which is exactly the kind of frustrating “chop” pattern that wears people down. I suggest everyone exit the trade as soon as possible. I’ve also marked the stop-loss around 262—adjust your position size according to your own risk tolerance. Don’t let this market turn you into a rookie.
Tip: Suggested Stop-Loss Level: 262.933632. Please adjust your position based on your own risk preference.
#TXN