Thursday, December 01, 2005

TXN to 36

As I wrote in a previous post (http://investjs.blogspot.com/2005/11/txn-trading-range.html), this stock is approaching its analyst target of 36. From the way its moving, it could reach 36 within the next 2 weeks. It has moved significantly in the past few weeks, from touching its 200-day MA to well above its 50-day MA. 36 would be a new 52 week high, but it's only 2.15 away.
Chart
Chart from Yahoo Finance.

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