Any expectations for earnings report and CC?
I'm thinking the company will meet, maybe beat modestly. I don't expect any very bad news, or any very good news, and I think that's about what most investors expect. So, I see the stock moving on sector and macro news, through this earnings season.
I'm guessing we get another intermediate-term low in TXN, in the next few weeks. And I'm guessing that low is somewhere between 31 (the 200DMA), and 26 (several MT lows around there, in the last 12 months). Still leaving my orders in, to start buying at 28, but that may be too low. If I don't get those prices soon, I may up it a bit, to 30. Once I start buying, I'll buy every point on down.
The chart is starting to look very encouraging. The 50DMA has crossed above, and held above, the 200DMA, for the first time in this Bear Market (are we still in a Bear Market?). |
