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[Costa]

Himax Technologies, Inc. (NASDAQ:HIMX) surged 10.07% or 95 cents to $10.38 per share on Wednesday, with volume which was nearly 3x above average. The move pushed the stock above the $10 resistance level and produced a pocket pivot buy point. The technical daily chart above suggests that this could be a good time to buy the stock as MACD fast line has just crossed on top over slow line showing buy signal. In addition, long-term trend is still positive as both 100-day and 200-day exponential moving averages are going up. Let's see if tomorrow it breaks over $11.49 and makes a new all-time high.