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Himax Technologies, Inc. Message Board

  • thetechtraderca thetechtraderca Dec 18, 2013 12:17 PM 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) had another nice day on Tuesday. Although Monday’s volume was near 20 million shares, it backed off on Tuesday to 11.4 million shares. It was still a good day, up 32 cents, or 2.7%. Once it’s gone above that line and followed through, the only thing that appears to hold it back is the short-term channel top, which is tagged over the last day, or two, and connects the highs. If it accelerates, it could make a quick move to 14-15. If not, it may consolidate, and then move a little bit. It looks like the angle of ascent is going to be steeper, and this stock is going to work its way up to 15 plus.

 
HIMX
7.25+0.03(+0.42%)Sep 4 4:00 PMEDT