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XOMA Chart

 
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arthur
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PostPosted: Sat Feb 19, 2005 9:14 am    Post subject: XOMA Chart Reply with quote
XOMA, small-cap biotech, is showing signs of bottoming and may be in position to bounce big. The doji Fri on low volume after the steep 2005 sell-off is bullish. Also, RSI is severely oversold and Money Flow is less negative. The 10 day MA is short-term resistance. However, volatility may pick-up over the next few trading days, which may break the 10 day MA resistance level. Major resistance is at 1.50 and the 20 day MA.

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