Honestly, I didn't even know Sirius XM was a publicly traded company until 6 months ago. Mainly because it's under $5, and I generally tend to avoid such stocks after getting burned in the penny stock world so many years ago. But SIRI is an interesting ticker, and one we recently acquired quite a sum of shares in for the long run, and by long run, I mean...
Retest gap today with great volume. If we get triggered, the ultimate target is around $7.00. Lots of room to the upside on this one.
Looks bullish if SIRI can pop above this triangle formation, down at major support and accumulating in a tighter range. Keep an alert around 4.25 for a bullish move. That would give a 2:1 RR before filling the bearish gap.
SIRI is in a key level on daily chart, reaching a strong area to break. If it goes above this area a strong upside is possible, otherwise a pullback to the rising trendline.
according to FIB. What do you think?
SIRI has had a rather stable support line at 3.63 but when it was violated, market tumbled down till 3.30. This has created an over-sold market with a trend in an upward direction. Past support has now become resistance at 3.63. This is a very important line taking into account past structures: market is giving us signals. Therefore, taking into account the...
When looking at the chart of Sirius XM Holdings Inc. (NASDAQ:SIRI), it is not hard to predict who will win this war of becoming the preferred software and music service in everyone's cars. Yes, you guessed right; without a doubt, it will be Apple Inc. (NASDAQ:AAPL). After all, the iPhone is one of the most popular devices among smartphone users. Also, most high...