Himax is way overbought
Updated
HIMX is up big along with the rest of VR related stocks due to the release of Oculus. I think it is way overbought at this point. HIMX may very well hover between $10 and $12 but I'd like to see it come back down around $9.25 and hold support.
Red- Resistance (Overbought)
Orange- Past resistance and potential new line of support
Green- Possible buy targets
Red- Resistance (Overbought)
Orange- Past resistance and potential new line of support
Green- Possible buy targets
Note
VR- Is for Virtual reality and not the stock.
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