Let's Find Something to Short

$TXN

TXN 0.00%↑ took the plunge post earnings, and is now clearly stuck underneath prior all-time highs. With earnings in the rearview, I’m looking at this as a possible candidate for short trades.

I’m starting with the AVWAP from the 52 week high that was achieved the day before the earnings report (purple). The stocks up this morning but we can see the overhead supply. If it breaks down through there, I’m going to be looking at a short trade down to the volume shelf where price settled after the earnings report. Quick strike move.