$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.
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