Texas Instruments Incorporated
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TXN Breakout

TXN has tested all time high resistance over three times and is heading up to its 4th test. With each test, the resistance gets weaker, leading me to believe we will see a breakout of roughly 6% for swing trading purposes where I would take profit. The market and major index's have been choppy over the last week and have made new highs then have been slightly retracing. I believe there is a little left of this rally for this breakout buy, but take profits before its too extended.
Nota
I would incorporate a stop alert at $113 price point if it fails. This gives a 1.75:1 risk reward ratio
Trade fechado: stop atingido

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