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Pixelworks, Inc. Message Board

  • thetechtraderca thetechtraderca Jun 14, 2013 7:48 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on PXLW at TheTechTrader site noting: Pixelworks, Inc. (PXLW) has been acting great of late. On Thursday, it was up 71 cents, or 19.8%, on 2.1 million shares. That’s the biggest volume for this stock in a long time. It thrust, pulled back, formed an orderly falling wedge, popped out on Wednesday, and then had a beautiful follow-through on Thursday. Nearly a 20% gain. In 2009, this stock dropped to 35 cents, bounced and made its way back up to nearly 6.00, pulled back and has been consolidating since mid-2010. Now, it’s punching back out again. It would not be surprising to see it run back up to the 5 3/4-6 zone. This could be the wild card in the next day, or so, so keep an eye on this one.

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PXLW
2.96-0.01(-0.34%)10:17 AMEDT