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%.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.