In looking at HIMX, and seeing the overall market is trending as well as the Technology Sector is been trending long for the past 3 months and then finding this stock that has been trending for the past quarter all aligns with the idea that HIMX could be able to continue the bullish trend. In looking back at the past we are crossing into previous support and resistance zones. There is some strong VWAP in the $6.76 area and in the $10.72 area. I have marked each of these on the chart. If it breaks through the $7.60 support and resistance line, then it will most likely make it to the targets above that point. If it breaks below the $6.35 target it could continue to fall to the $4.90 range.
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