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Benzinga
209 days

Texas Instruments Approaches Death Cross Ahead Of Q4 Earnings - Should Investors Brace For Impact?

1. TXN reports Q4 earnings soon with a potential Death Cross signal. 2. Current TXN price is $195.23, near key moving averages. 3. Investor focus on Q4 EPS of $1.20 and revenue of $3.87B. 4. Auto sector strength may offset industrial demand decline. 5. Mixed sector performance creates uncertainty around TXN's outlook.

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FAQ

Why Bearish?

The looming Death Cross indicates potential downside. Past instances show similar setups led to declines.

How important is it?

Earnings and technical signals directly affect TXN price; volatility is likely.

Why Short Term?

Immediate earnings results will significantly affect TXN's price action.

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