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Himax Technologies, Inc. (NASDAQ:HIMX) has formed a consolidation between 9.35 and the tops of 11.49. Today we saw another nice bounce off the 50-day EMA on volume and I expect HIMX to bounce more from these levels to the top of the current consolidation. Note: Earnings on Thursday.
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Vale SA (NYSE:VALE) had a very nice day breaking out above the $16.78 level on heavy volume. As long as it can hold this level, it looks good.
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YY Inc (NASDAQ:YY) Looking like a good long if it breaks this resistance on volume.
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George Soros increased his stake in Mercury Systems Inc (NASDAQ:MRCY) during the third quarter. Per the 13G filing, the Billionaire investor has revealed a 5.02% stake in MRCY. From the technical daily chart, the MACD and KD are showing buy signal as MACD is on top of signal line and %K line is on top of %D line. In addition, the RSI is back above the neutral line and pointed up. Keep on watch.
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Autodesk, Inc. (NASDAQ:ADSK) Setting up to test this resistance level soon. MACD crossover today.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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Labels: ADSK, HIMX, MRCY, VALE, YY