This is one of the most beautiful weekly candles SIRI has had in months. Volume is increase and call options volume as well.
Huge call buying on 6/18 $8 calls.
If SIRI can break its previous ATH it can easily see $10.
Watching the SPY on the hourly and it appears to be in a H&S pattern at the moment.
Bull above 440
Bear below 429
Bull - US10Y goes above the 200 MA, less bond buying and DELTA variant isn't an issue
BEAR: Delta variant, inflation, US10Y drops below 200 MA
Today multiple strike prices for Nokia were trading today. The $5, $6, $7 strike prices for multiple weeks were trading. Today the volume on the 1/29/2020 $5 calls were 75,610 and that is HUGE. We should see a move to the next Fib line to around $6.50.
If we keep spreading Covid-19 at the rate it is currently at. By May 11th we should have almost a half a million confirmed cases and over 4000 deaths.
12:33 AM CT March 27th, 2020 - 104,256 confirmed case in the US.
Here are the resistance levels for PC&G. I can see going higher this week. This could be a good swing trade for this week, but not sure about the following. Saw huge call buying last week for $11.50 9/20 strikes and $13 9/27 strikes.