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Himax Technologies, Inc. (NASDAQ:HIMX)


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#1 Costa

Costa

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Posted 23 November 2013 - 12:24 PM

Himax Technologies, Inc. (NASDAQ:HIMX) is starting to regain its form. On Friday, I wrote on twitter "HIMX looking good for higher prices", and the stock made a nice reversal candlestick pattern, crossing above its 50-EMA with a decent 3% advance that moved the MACD into position for a bullish crossover, while Parabolic SAR shows buying pressure in the stock. This could be the start of another up leg for HIMX. Keep an eye for a possible breakout over $9.60. There seems to be a lot of room to run higher here. If you do not have HIMX on your watchlist, now is the time to add it.

Stocks to Watch for November 25, 2013

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