Himax Technologies, Inc. (NASDAQ:HIMX) breaks out of a small falling wedge pattern combined with a potential triple bottom formation, which could be signs of a bottom here for the stock. RSI is turning up and the MACD is forming a base for a sustained rally. The stock has all the potential to become a classic bounce play. I expect to see a strong upside move if the stock can break and close above the 6.16 level. Watch the stock closely on Tuesday.
Stocks to Watch for November 03, 2015
Himax Technologies, Inc. (NASDAQ:HIMX)
Started by
Costa
, Nov 03 2015 01:56 AM
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#1
Posted 03 November 2015 - 01:56 AM
Costa
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