HIMX trade ideas
$HIMX Break above $14.60 opens us to $15.50 and ATH of $17.88.$HIMX Consecutive inside days. Dividend paid July 12. Riding the top trend line., low rel vol. A Break above $14.60 opens us to $15.50 and ATH of $17.88. Point of control at the $13 horizontal support bolstered by the 21 EMA.
HIMX this was a messy one....but after some intense Questioning.I kind of went over board on this one but Hector154 needed to get answers from this one and so I interrogated until it cracked.
Hope this helps. if you need me to delete any of the paths just let me know and Ill revamp it.
by iCantw84it
05.26.2021
HIMX - Stable to Bullish remaining quarter aheadHIMAX TECHNOLOGIES, INC.
Himax Technologies, Inc. designs, develops and markets semiconductors that are critical components of flat panel displays. The Company's principal products are display drivers for large-sized TFT-LCD panels, which are used in desktop monitors, notebook computers and televisions, and display drivers for small- and medium-sized TFT-LCD panels, which are used in mobile handsets and consumer electronics products such as digital cameras, mobile gaming devices and car navigation displays. In addition, the Company is expanding its product offering to include LCD TV chipset solutions and LCOS micro displays.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has seen a correction to price back to starting point of the earnings quarter, this should be considered the lowest point of the quarter
- Expectation for the price to move to HIGH point
- Trailing stop-loss on price above HIGH point
GOOD LUCK.
DO YOUR OWN RESEARCH!
Swing It !Positive price action and EMAS are supporting the price.
At least 2 fakeouts recorded during this consolidation, so tight stops must be applied as well
HIMX broke out of the double bottom patternNASDAQ:HIMX broke out of the double bottom pattern. The stock is now targeting 19.65$, stop loss at 13$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
$HIMX failed breakout, downturn.Failed breakout at the top of the broadening formation. Looking at the most recent 'shooter' candle at the top, my bet is this stock tumbles down towards the middle/ bottom of the broadening formation (dashed line).
HIMX, LONGHIMX looks great .
Volume confirmation, we have a successful break up from basing pattern and rsi is gaining strength .
Took a position this AM.
Target marked is actually just where I will adjust my stop , if reached. This is a trend following play .
$HIMX upon request Triangle consolidation w a demand off of 50 day moving average creating a nice wick, 11.65 was ideal entry for longs, now watch downtrend break w volume (of triangle) if not abcd demand level below, weekly inside bar is a buy over 12.84 and is labeled on chart (next week only) , you would want to see abnormally high volume first 1-2 hours upon entry here, can see 18 area possibly 20's , sellers/supply at 10 and 20 day, 3 star set up, could work not for me personally
HIMX SHORT AFTER Reaches 14.40Well to begin with, it is important to choose the correct time frame for you indicators. I assume we should look at this stock for no longer than 10 days. Both Force Index and Elders Force Indicate that the stock is currently overbought. PSR shows that there is still some room to capitalize on the upside, however looking at the volume it and the position of the force indicators, it is safe to say that the stock is approaching its resistance and will be retracing back to its support levels. Important to follow the Elders Force Index as its well above the crossing line for the price at which the volume does not seem to have much support. Expect a retrace to 13.40
Buy the dip at 13.38.
HIMX Preparing for Launch?HIMX is flagging after a huge run. I plan to use a breakout from the declining trend line to initiate an entry in this name.
HIMX - push to 10+?This chart looks quite nice to me. I show a short term bull flag forming near the previous high with higher lows on the ascent. One of the best looking charts I see out there. Today we also poked our head up to a new relative high. Give it a few days?
Break out from descenting trendlinebreakout and lots of momentum approaching included my stop loss this time. Might switch to trail stop. tell me what u think
Like if you Agree Thanks
HIMX UpdateBigger picture- 9 hr chart shows a bearish butterfly forming.. we are currently on the 50% retracement of it.. at 4.05.
Should the pattern move up in price above this 50% retracement it will form a beautiful butterfly pattern above 5.16.
Note: we are currently forming a crab pattern which once completed would be the propelling force to higher highs (if it completes).. so a couple of things have to happen- the crab needs to complete (to do so will take us below the 50% retracement support for a short moment- maybe in pre-market).. and if it does it takes us to 5.16 mark.
The previous chart had us selling a bit earlier on the smaller patterns of the chart (which you can see) .... but now we can zoom out and see the max possible potential.
LIKE AND SHARE- Thanks / Cheers...and remember to buy Bitcoin!
WOLFPACK
HIMX Some promising developments here. Out the box today this stock has over 12%- possible to see much more out of this to a possible high around 5 dollars as the harmonics play out. One to keep an eye on.
$HIMX Pennant Breakout on Huge Volume$HIMX Himax Tech breaking out of a 5-month pennant pattern today on huge volume - 13 times avg volume.
Positive sign closing above resistance around $4.00. Keeping an eye on gap-fill at ~$4.50 which could provide some additional resistance.
Expecting a strong follow through move into first half of July.
Near term target: $5.00
Note: Not investment advice.
HIMX_Pullback5-day pullback after breaking out above 2.30. Watching for the uptrend to continue above 2.40
HIMX (HIMAX) is nicely set up for a bounce! SEMICONDUCTORSSemiconductors industry is positioning itself for a boom in the future. However, it lost 2/3 of its value in 2018.
HIMAX is going to bounce in the coming days/weeks
RSI shows buying signals, for short-term trading. HODLERS will have to wait a few years before it goes to the moon if TSM doesnt dwarf it even more
not a trading advice.
HAPPY TRADING!
