$HIMX Pennant Breakout on Huge Volume

٣٠ يونيو ٢٠٢٠

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.