Himax Tech., Inc. (ADR) (NASDAQ: HIMX): traded higher by 20.31% or $0.39/share to $2.31. In the past year, the shares have traded as low as $0.97 and as high as $2.56. On average, 635843 shares of HIMX exchange hands on a given day and today's volume is recorded at 1836884. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $1.81 area where the stock will likely see buying pressure.
Cypress Semicond. Corp. (NASDAQ: CY): remained unchanged at $14.63. In the past year, the shares have traded as low as $13.67 and as high as $23.95. On average, 2815950 shares of CY exchange hands on a given day and today's volume is recorded at 2135628. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $16.34 area but be careful because the stock may face selling pressure at this level.
Allot Communications Ltd. (NASDAQ: ALLT): traded higher by 8.04% or $1.81/share to $24.31. In the past year, the shares have traded as low as $9.38 and as high as $24.42. On average, 405795 shares of ALLT exchange hands on a given day and today's volume is recorded at 615882. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $20.06 area where the stock will likely see buying pressure.
KongZhong Corp. (ADR) (NASDAQ: KONG): traded higher by 6.83% or $0.34/share to $5.32. In the past year, the shares have traded as low as $3.41 and as high as $10.79. On average, 64706 shares of KONG exchange hands on a given day and today's volume is recorded at 66285. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $5.43 represents resistance and the 200-day moving average of $4.68 would be an area of support.
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA): traded higher by 6.06% or $0.68/share to $11.91. In the past year, the shares have traded as low as $6.21 and as high as $21.98. On average, 661389 shares of ASIA exchange hands on a given day and today's volume is recorded at 514675. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $12.84 represents resistance and the 200-day moving average of $10.02 would be an area of support.
