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
Himax Technologies, Inc. (NASDAQ:HIMX)
Started by
Costa
, Nov 23 2013 12:24 PM
No replies to this topic
#1
Posted 23 November 2013 - 12:24 PM
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.