We called it. Last week, we saw HIMX testing a falling resistance and noted that a break above 9 should open up a bullish outlook. By the close of the week, HIMX did exactly that - break above 9 and the falling resistance.Himax Technologies (HIMX) Weekly Chart (click to enlarge) Breakout:- The weekly chart shows how last week's action broke aboe some key resistance factors. - We are observing a bullish market in the medium-term, one that might bring price to the resistance pivot at 12.00.- If price pulls back, a hold above 8.50 would be a strong signal that HIMX is still bullish. We might even see price hold above 9, turning the broken resistance into support.