Tuesday, August 17, 2010 2:24:08 PM
Re: XOMA - 12-Mo., DAILY Chart:
Chart insert TA reads:
17 AUG 22010 - TECH-NOTE:
1 - RSI indicates sellers in control
2 - Secondary indicators remain bearish
3 - Selling pressure demonstrated in A/D and OBV lines below their 21-EMA
4 - Market makers are the only element on the buy side, as indicated by ChiOsc crossing above is 21-EMA
Overall: BEARISH
Caveat: Look for trend violation to the upside in RSI and bearish channel boundaries.
XOMA - 12-Mo., DAILY Chart:
- Dalcindo
Chart insert TA reads:
17 AUG 22010 - TECH-NOTE:
1 - RSI indicates sellers in control
2 - Secondary indicators remain bearish
3 - Selling pressure demonstrated in A/D and OBV lines below their 21-EMA
4 - Market makers are the only element on the buy side, as indicated by ChiOsc crossing above is 21-EMA
Overall: BEARISH
Caveat: Look for trend violation to the upside in RSI and bearish channel boundaries.
XOMA - 12-Mo., DAILY Chart:
- Dalcindo
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