On the 29th of July, 
HIMX gapped down after lowering its guidance and paying a dividend. I entered a long at $7 a share yesterday and am targetting a trade to fill the gap. HIMX has just broken above its pivot area around 6 - 7, making it a strong level of support, and has shown a flat and wide U-shaped recovery, which is very bullish as it shows strong buying power is coming in, which was confirmed on the 13th of July when large volume caused a 6.4% increase in the stock's price, showing that volume has shifted to being more bull sided.
The nearest pivot point on the upside is around 8.75, giving this trade a high risk/reward ratio of 2.46. I am targetting a profit of 24.5%, with a stop loss at 10%.
HIMX gapped down after lowering its guidance and paying a dividend. I entered a long at $7 a share yesterday and am targetting a trade to fill the gap. HIMX has just broken above its pivot area around 6 - 7, making it a strong level of support, and has shown a flat and wide U-shaped recovery, which is very bullish as it shows strong buying power is coming in, which was confirmed on the 13th of July when large volume caused a 6.4% increase in the stock's price, showing that volume has shifted to being more bull sided.The nearest pivot point on the upside is around 8.75, giving this trade a high risk/reward ratio of 2.46. I am targetting a profit of 24.5%, with a stop loss at 10%.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.