TXN Stock: No Overhead Resistance to Contain the Stock Price from Advancing
Texas Instruments Incorporated (NASDAQ: TXN) stock is currently trading at a new all-time high. New all-time highs carry a number of implications, and these implications are magnified the longer it takes to finally breach the previous all-time high. In this case, Texas Instruments stock finally took out its previous all-time high that was set in the mania that burst the dot-com bubble in 2000. This means it took TXN stock 17 years to return to this level and break above it, so it's fairly safe to say that the implications are significant.
The following stock chart illustrates the.
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Texas Instruments Incorporated (NASDAQ: TXN) stock is currently trading at a new all-time high. New all-time highs carry a number of implications, and these implications are magnified the longer it takes to finally breach the previous all-time high. In this case, Texas Instruments stock finally took out its previous all-time high that was set in the mania that burst the dot-com bubble in 2000. This means it took TXN stock 17 years to return to this level and break above it, so it's fairly safe to say that the implications are significant.
The following stock chart illustrates the.
Den vollständigen Artikel lesen ...