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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 176.31+0.1%Dec 19 3:59 PM EST

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To: TREND1 who wrote (2643)12/25/1997 4:23:00 PM
From: JPR  Read Replies (2) of 6180
 
Larry:

<< it looks like TXN is not turning to the upside. Sorry !>>
I saw the TXN chart: I thought I saw an inverse Head and shoulder formation beginning in the first week of Dec. The formation may not be complete yet. The chaikin money flow is still in the negative territory. MACD trading above the signal line. Stochastics at 73 is on a downturn. RSI below 50 ? on a downturn. Your comments please.

Paul
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