As you can see here, we are forming a double bottom on a demand zone. We are also sitting on the 200 Moving Average. I would look for a strong green heikin ashi candlestick. We are also trading in the direction of the trend.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 126/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
On 1 120 minute chart, SIRI is now well positioned having tested the support of
two sets of VWAP bands anchored back two earnings periods and so 3 months apart.
The mean VWAPs are confluent and so form strong support. I expect the price to
return to the early December high and test that level. In the past day a buying volume
aberrant spike was printed. The...
Known as the "Oracle of Omaha," Warren Buffett is renowned for his ability to move markets through Berkshire Hathaway's disclosed buys or sells. This phenomenon has been termed the "Warren Buffett Effect”.
Buffett is arguably the best investor ever to live, and due to his success and the large number of investors attempting to emulate his every move, any company...
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...
most hyped company back in the day
the new radio satellite kinda like the BLOCKCHAIN METAVERSE NFT and Ai early stages
a great Hype Cycle issue
that is applicable to TECH STOCKS crypto narratives etc..
the initial phase is a classic 40x similar to Pre Ipo holders and pre allocation of iCOs
the recovery stage is also similar wth a 100x ++ payout ..
question...
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. The company's Sirius XM segment provides music, sports, entertainment, comedy, news, traffic and weather channels, and other content, as well as...
I have not much to say about this stock. Everything is on the map itself - If You take a clear head and watch this chart then You will see the same future for this. No new stars have born or a miracle seen, so there is no real reason why this should skyrocket to North. Its just another hype .
NASDAQ:SIRI On Thursday, July 20, 2023, the stock price of Sirius XM Holdings Inc. ( NASDAQ:SIRI ) showed impressive growth, gaining 42.26% in a single trading day, soaring from $5.49 to $7.81. This marked the fourth consecutive day of gains for the stock, and investors are eagerly awaiting to see if the momentum will continue or if there might be a minor pause...
Straddle detected. Notional value - 900.00 K$.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance. We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order.
We do the best research as we can to find new opportunities in the...
The PEAD projected a bullish outlook for $SIRI after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
I am bullish on SIRI. Following positive earnings and upcoming Super Bowl could make the stock surge.
My trade levels are:
Entry level: $5.22
Take profit: $6.00
Stop loss: $5.01
Risk/reward: 3.71
Siri is at the bottom of its trend channel. Expecting it to go back up soon, Good spot to buy now or $5.75 if you want more at the end of the dip, but trend shows this point might be going back up.
The PEAD projected a Bullish outlook for $SIRI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
This is just my basic MONTHLY charting.
I have marked what I see as the POSSIBLE bottom (support).
I see overall DOWNTREND with reversal.
I have marked my potential BUY LEVEL for LONGS//CALLS.
