HIMX Oversold at bottom of descending triangle
- Himax is currently at the bottom of a .
- is showing positive divergence
- is also showing positive divergence.
- HIMX initial rally to ~16.50 was about 19 degrees steep.
- HIMX rallies inside the were somewhere between 40-60 degrees.
- Monday May the 4th could give a signal to go long to the top of the .
- have so far matched estimates, or were slightly above/below estimates.
- Most misses had relatively little impact on price.
T1 May15-Jun15: 8.22, should be an easy target at only 23 degrees!
T2 May15-Dec15: 12.70, only if it breaks the resistance