shomikghosh2
Long

Cup and Handle Almost Perfectly Formed

BATS:HIMX   HIMAX TECHNOLOGIES INC
69 0 0
This may be one of the most blatant cup and handles i have ever seen, buying has been on large volume and selling has been on low, relative strength through this weak market has been incredibly impressive, looking above you can see that the cup has formed nicely and now the handle is happening as sellers take profits, watch this thing closely to explode upwards through resistance, also still consolidating above the massive candle earlier this week
Disclosure: Long HIMX             March 22 2014 12 Calls
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