1
TXN stock has been consolidating and preparing for a breakout to reach the $180 mark.
2
TXN shares are trying to recover from 20-EMA to reach the 50, 100 and 200-days daily moving averages.
3
Texas Instruments Inc. (NASDAQ: TXN) stock gained 3.03% in a year.
TXN stock price needs to escape the consolidation phase in order to reach the $180 mark over the daily time frame chart. However, sellers have been continuously pulling TXN shares downwards from the recovery level. Meanwhile, buyers tried to push TXN share price above $180 mark in July 2023, but TXN shares failed to sustain and slipped instead. After that, TXN shares got stuck inside the consolidation phase in August 2023 and has been consolidating till now.
TXN share price needs to attract more buyers in order to escape from the consolidation phase. However, currently sellers’ are trying to pull TXN stock towards the lower trendline of the consolidation phase.
TXN stock price
We współpracy z: https://www.thecoinrepublic.com/2023/09/07/texas-instruments-inc-will-txn-stock-skip-consolidation-to-180/
