Appears that HIMAX is setting up for a breakout. Approaching 1st leg of resistance at around $11.60 ( trading today around $11.20). Looks like there is a nice gap up to about $14.60( 2nd leg of resistance) I think now would be the time to buy in for a short term trade w/ potential to pick up about $3.00 on the stock. For those looking for a long term play, it...
Check out this hourly chart showing a nice "W" pattern formed. The "W" began around 2/20/2013 ( about a week ago)...the "W" is formed.....the 4th leg up seems to have peaked and there is some consolidation with slight dips taking place in current trading range of 88. teens to 88.50's +....looks like BDX will break out from here once it clears through the 89 area......
