LSXMA broke the parallel channel that was holding the price since November 2022 after making a double bottom with the March 2020 low, I also liked the fact that the 2D SMMA was also broken, after having served as resistance since January 2023 and it is currently retesting it, and as if that wasn't enough to be bullish, LSXMA had a bullish divergence on the RSI on...
Analyzing the options chain and the chart patterns of SIRI Sirius XM Holdings prior to the earnings report this week,
I would consider purchasing the 4usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $0.32.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
First off don't take anything I say as financial advise or seriously, as always this is on opinion basis. Now that being said, let us get into some key points. Sirius Holdings had a positive earnings call in comparison to the same time last year, even without direct revenue guidance. They have beaten many market expectations and calls by analyst. Since there is...
Hello traders,
We broke the down trend and are seeing very standard continuation pattern!
We are currently completing ABC flat correction which will soon end and when it does we will have a very nice buy opportunity.
I will update the chart when I see the setup and post it on the channel, stay tuned for more.
Check out some of my other ideas down below.
If you...
Lots of big news surrounding Sirius XM recently... And it's good news. SIRI not only beat their estimated earnings, but they also just acquired Pandora! Toyota also just announced that they will be making Sirius XM a standard feature in all vehicles in the United States. SIRI also claims to have many big plans for 2019, let's hope for a strong year! The...
Possible Inverse H&S on Pandora. Wait for a break above $10.15 to enter.
Large gap between $16-$19 might get filled.
Only hesitation on this is that the IHS looks too perfect. Watch for a false breakout.
Vertical spread would work well, or a long straddle if more conservative
SIRI is falling hard and it's now making a V shape pattern. Look to the price action on a lower timeframe for a potential bounce. A breakdown under this temporary low invalidates this setup.
I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I believe SIRI is in an uptrend. I'm not going into a lot of detail with this one. I've drawn what I believe to be the Support and Resistance lines. SIRI may not bounce off Support, and that's ok as long as it keeps going up in price....
