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Signal: Buy the Dip on This Struggling Semiconductor Stock
Texas Instruments (TXN) shares are showing signs of a potential rally after a recent pullback, testing a historically bullish trendline. According to Schaeffer’s analysis, similar signals in the past have led to an average 6.5% pop in the stock within a month. Additionally, short-term options traders are leaning bearish, suggesting that an unwinding of pessimism could further boost the stock’s performance.