Found mention of $HIMX yesterday. Decided spend some time with the chart and immediately found support for this around 6.30. There is a solid trend from quarter to quarter how this stock plays out. News was good so I decided to use this as a homework assignment as I didn't have enough cash on hand to justify actually playing this position. couldn't help but smile as my theory played out.
11/17 I see this dipping down in the morning with support at 6.65-6.72
Play the bounce right and it could be a .06-.10 gain, or more. Looks strong past 7.
First post and new to the group, and trading. Loving it so far, even my losses. They have taught me great lessons, I'll chalk the money lost up to learning expenses ?
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Edit - looked over this some more and I think support will hold at 6.70 tomorrow.
gl
thanks for the heads up!
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