above we see the long term uptrend...it has consistently been making new highs, then retracing before having a go again....these are the stocks that you want to be in....but when is a good entry??
here we see TXN dropping off its high, right back to the bottom of the trendline support and on the horizontal support...this happened to coincide with the 195EMA support also....the green circle shows where two days ago a dragonfly doji candle was made right at these support levels....and yesterday this reversal signal was confirmed with a strong up candle.....a break of the 76c level would further confirm that a new uptrend is in place, and a break of the all time high would be likely
