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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Sun Jan 23, 2005 9:14 am Post subject: TXN Chart |
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Many semiconductor stocks seem to have excellent return to risk ratios, i.e. more upside potential than downside risk. Internets fell sharply recently (including the HHH index). However, they may fall further. Software stocks may still be overpriced. Biotechs have been holding up well, etc. TXN rallied in Sep on its mid-quarter update and rallied again in Oct on earnings. With a RSI at 25, TXN may be in position to rally again on earnings Tue.
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