What i'm looking for with HIMX on the week of 4th May 2015:
Technicals:
- Himax is currently at the bottom of a descending triangle.
- MACD is showing positive divergence
- RSI is also showing positive divergence.
- HIMX initial rally to ~16.50 was about 19 degrees steep.
- HIMX rallies inside the descending triangle were somewhere between 40-60 degrees.
- Monday...