Himax Technologies, Inc.
Long
Updated

HIMX - Stable to Bullish remaining quarter ahead

276
HIMAX 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!
Note
TRADE UPDATE: Successful
High-point reached on two occasions 22nd Mar & 9th Apr for take profit position

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