NASDAQ:HIMX   HIMAX TECHNOLOGIES INC - AMERICAN DEPOSITARY SHARES, EACH OF WHICH REPRESENTS TWO ORDINARY SHARES
175 3 0
This is the same as the last HIMX             chart I posted. But, I have added a pitchfork over the chart. (Notice where median line of Pitchfork meets 76% Fib. Retracement.)
*With the exception of the Accum/Dist. and OBV indicators merged over the chart and price movement.*
**Also took out Stochastics and RSI**
Nice observation- what targets do you have on this one?
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jmalone1224 sublimares2
I really believe, in the Long Term, the sky is the limit for this one, since price hasn't been at these levels since the IPO in 2006 (before the market crash). But, in the nearer term, I'm looking for long-biased trades/closes above the $9 level. Then, I'll ultimately be looking for the exit @ $12.
I'm sure I'll get a better idea of where the price wants to go as time goes on, and HIMX continues making new ATH's.
-Are you currently holding a position?
Reply
sublimares2 jmalone1224
I was long - sold yesterday and looking for a entry. I also think at a target of around $12.
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