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Show Notes
Texas Instruments (TXN) reports earnings after Tuesday's close. Rick Ducat compares the chart performance to other semiconductors stocks to show the wide dispersion among the chipmakers based off of technology and customers. Later, Rick highlights the $187 level as a potential resistance point after earnings. He circles the rising RSI momentum study as a "bullish shift" as it approaches the mid-line around 50. Later, Tom White breaks down an example trade for Texas Instruments using a bullish call diagonal play, taking into account the earnings event.
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