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Himax Technologies, Inc. Message Board

  • thetechtraderca thetechtraderca Apr 10, 2013 7:47 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) had a nice follow-through, but that was not the best close on Tuesday. Some of our traders reached their goals when this stock exploded up to 6.63 after buying it this stock in the 4 range. That was a nice 50-60% move in just the last couple weeks. The top of the channel, which is the target, can still be reached at 7 1/2, but it did back off after breaking through lateral support around 6 1/4, the current target. That was reached on 13.3 million shares, the second biggest volume since it broke out in March. Look for something up in the 7 1/2 area, maybe a little bit of a consolidation pullback for a few days, and then a run.

9.92+0.59(+6.32%)Aug 26 4:00 PMEDT