Texas Instruments could reached its higher price and should continue in its bullish trend.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year, it should rise from 1.91 to 2.51 dollars in 2014. The great business predictability emphasize the quality of this investment in the mid-term.

Technical patterns are in the green: prices are up for several months. The security is in a bullish trend on all timescales. The movement should continue in the coming trading sessions. The 20-day moving average upward oriented should help to reach the new USD 52.80 long term resistance.

For reasons above exposed, investors could benefit from the upward trend on Texas Instruments to open long positions. A first target could be set at the USD 52.80. The return under USD 48.98 would invalidate the recovery scenario and trigger the stop-loss order.