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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (1892)2/27/2008 12:31:26 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
XOMA is trying to bounce up after finding apparent support at the $2.50 level, without closing its UG of Aug 28 from the $2.28 level. The volume on that day was 10.07M <g>

The stock is up today 5.91% on volume of 593,763 about half its ADV.

bigcharts.marketwatch.com

The stock needs to close above the resistance at $3 before it can start getting off from the near term DT coming from the Oct 11 H at $4.39

The "analysts" have a target of $5.05, but if XOMA can close above $4.50 it seems it could get to the $7 level.<g>

bigcharts.marketwatch.com

Bernard