HIMX - Sell Signal as Predicted

After a 4-day explosive move and more that 46 million shares traded, today price reached our last target almost to the penny:

-The target was set to 12.02.

-Price reached 11.97 before reversing.

After such a powerful move, price is most likely going to retrace. It will probably do it in a 3-wave corrective move, before resuming the previous trend. We shall see.

This was a great trade and for now we are out! 37% gain in 5 days.

Good Trading everyone!

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