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HIMX forms Slingshot Bearish on July 30
On Thursday, July 30th, HIMX moved up 7.73% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 12.25, 11.95 & 11.75, with resistance at 12.74, 12.94 & 13.24. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of HIMX: C
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