$$$Ospreyeye: Charts, Technical Analysis & Japanese Candlestick Patterns$$$

[ospreyeye]

$XOMA Chart from yesterday – a bullish reversal pattern is currently forming off middle Bollinger Band @ 1.24 support – congrats if you caught the weekend chart – Bullish Piercing Line was forming when I started making this chart – now Bullish Engulfing reversal pattern is forming – the day is young, so the pattern can change – EMA 4 @ 1.52 is the key level to break w/ a close above – as long as middle BB support holds the up trend should continue – a close above EMA 4 puts the upper Bollinger Band @ 1.80 on deck –