Texas Instruments rebounds 6.3%, trade at +45%
Texas Instruments gains 6.3% and nears its highs, though momentum is cooling
Texas Instruments rebounds 6.3%, trade at +45%
Our view last week
Texas Instruments is in week 12 of a buy signal, and the coverage from our most advanced model is now complete: all 3 targets have been hit. The trade stands at +36.49% since entry, signal strength holds high at 74 out of 100, and the stop now trails the Inversion Point, which has followed the rally all the way here. The full position is still in play: no remaining window to manage, just the discipline of letting it run.
This week's summary
Texas Instruments gains 6.3% on the week, with 87% of daily volume on the buy side: the bounce stems from the double bottom carved out in the 275 area, and price is back testing the 7-day high resistance, in the 315 area. Momentum, though, is cooling just as earnings approach on July 22.
IQS Phase
60
ordinary
Signal Strength
74
high · wide move
Sizing
FULL
Ranking
#18 / 129
US stocks in progress
Trade P&L %
+45.05%
from signal to today
restricted Platinum content