TXN: Potential CD leg to $86.50

TXN starting on a potential CD leg with a price objective of $86.50 which could stretch to $83 given the congestion zone between Mar to Jul.

Kommentar:

Just want to update this chart, I don't think the ABCD trade down to $86.50 is invalid, just the BC to CD reversal took a tad longer to develop (618% retracement instead of 50% retracement).