Sunday, November 20, 2005

TXN trading range

Texas Instruments price dropped significantly after its last earnings release, which provided a good buying opportunity under 28. Since then, TXN's share price has risen sharply back to 32. It still hasn't risen to its pre-release levels around 34. 34 appears to be the next level of resistance, and 36 appears to be a good target level above that as some analysts have stated.

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