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myfye13
Dec 4, 2018 6:25 PM

SIRI Inverse H&S Long

Sirius XM Holdings Inc.NASDAQ

Description

Siri forming an inverse head and shoulders.

Resistance at $6.62
Gap between $6.82 - $6.95

With the right shoulder bigger than the left don't buy till breakout.
Comments
Goodgoy
Do you see 7$ by next friday?
myfye13
@Joeyc08, Highly unlikely, but no one knows, and if they tell you they do they are lying. I did read that a few quants are predicting a large burst to the upside for US equities in the short term. If the stock breaks out, I could see $6.68 by next Friday, but barring some breaking news (i.e. Xi and Trump become best friends) it is unlikely SIRI hits $7 this year.
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