Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

TXN Is Trying To Trade Higher

TXN is a leading technology stock and often veiwed as a very important stock for the chip sector. This morning the stock is trading lower by 0.47 cents to $24.50. While the stock is trying to form an intra-day higher low pattern the strong intra-day support level will be at $24.00. This is an area for a possible intra-day bounce should the stock trade down there.