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showstopper
Nov 27, 2015 10:14 PM

HIMX boom or bust? Long

Himax Technologies, Inc.NASDAQ

Description

HIMX on daily facing some resistance on a long term declining trend line. Doji on an uptrend will need confirmation lower to start a leg lower. RSI is declining signalling bearish behavior, MACD could turn down with one down day. Any move and hold above current levels could reverse a downtrend and start a new leg higher.
Possible 3 white soldiers as they say will hint at prices moving up this resistance.On watchlist for next week.
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