Tuesday, December 21, 2010

XOMA Follow Up

XOMA was featured twice this week, once in The Week Ahead which was premarket Monday (yesterday) and the second time in TRADES which was published at 11:30 yesterday (Monday December 20th).


I wrote, "XOMA is another long idea, there's a few stocks in the sector that are looking good. The big red volume may have been a shorter term capitulation event with a bit of base building and volume is surging here."


and


"XOMA is another to take a look at as it remains very close to a breakout point"


This trade couldn't be more timely.




That's a nearly 49% one day gain thus far this morning on huge volume.


If you are in this trade, congratulations. Now make sure you manage it well and keep those gains. I'm available by email should you need me. BT46n2@Gmail.com

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