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Himax Technologies, Inc. (HIMX) Message Board

  • thetechtraderca thetechtraderca Oct 11, 2013 7:30 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on HIMX at TheTechTrader site noting: Himax Technologies, Inc. (HIMX) has been doing great since April-May when it was trading in the 4.00 range. Last week it reached 11.49. It pulled back in a nice little 4-day pullback channel testing the 20-day and the trendline. On Thursday, it popped 61 cents, or 6%, on 8.6 million shares. If it can get up through the 11.40 range, look for this stock to get to 13 1/2 short-term.

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    • Thanks for the update. Harry has really liked this chart and HIMX held up relatively well vis a vis the government manufactured crisis. The real crisis is the nearly $17 trillion in debt, QE and then only 55% of the people paying any Federal Income tax. But, that is for the jokers in DC to negotiate on AFTER they extend the debt ceiling. Get it done and then cut the budget deficit!!!!

      Note that even a smaller 2% increase in interest rates (after QE tapering) will result in $340 billion per year in interest on the nationa debt. Between Bush Jr. and especially Obama, our debt has really gotten out of hand and needs to slow wayyyyyyyyyyyyyyyyyyy down. Good thing we have Obama's promise that the ACA healthcare reform "will not add one thin dime to the deficit".

 
HIMX
8.58+0.07(+0.82%)Jan 30 4:00 PMEST

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