This is such a dramatic stock.
Stock price drop from $69 to less than 10 cents. Anyway, who have dared to pick up this stock after 2008 crisis will have turned there investment into 100 times gain. That is the excitement part of stock investment...
Anyway, this stock has formed a nicely upward trend since then. Tested the trend line twice. If it break through...
Go long the SIRI if it trades at 4 or higher. If triggered, place your stop at 3.85 and exit the position for a profit at 4.03 or at your own discretion. (Signals are valid for today only. Always invest wisely).
Learn the rules of a strategy at: www.udemy.com
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...
FUNDAMENTALS
Arguably, satellite radio will be a phased out technology in the coming years. What the blackberry has been to communication devices, satellite radio will soon find itself in the dustbin of consumer products. Ever wonder why the SEC had such little problem with the Sirius/XM merger in the first place? The marriage of these two companies was...
Bearish Shark Pattern + Bearish Rsi Divergence.
I Always set my TAKE PROFIT at the min Profit on these trade ideas. OF COURSE YOU COULD TAKE THEM FURTHER THAN THAT. Many different trade management strategies could be used. Do i stick to the min PROFIT TARGET on my personal trades, mostly not!!!!!!!!!!
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...
A potential head and shoulders pattern failure, will probably be confirmed on a break above right shoulder at 3.88, that may confirm an initial target at 4.18 and probably higher to 4.35.
Siri has just lost a key level on strong volume today representing the 200 day moving average and a huge uptrend, siri has also closed outside the bollinger band with RSI dipping and the MACD curling to the downside, watch this closely this week to see if a bounce takes place, if not and this keeps closing below the 200 day then short at will with a stop at the...
Price was well defined by the upsloping pitchfork and retraced at the Upper Parallel...spot on!
Now price is hovering near the Median Line but trend is still UP.
Good time to LONG now but always practise strict risk management. Target is along the Upper Parallel.
SIRI in a well defined channel up now retracing to the bottom of the channel with prev support at 3.6-3.55 and a positive divergence
nice risk reward here
1st target at 3.8$
stop will advence withe the channel
Sirius XM Radio has a lot of catalysts behind it. They just annouced ANOTHER $2 BILLION share buy-back and they also release earnings this week (Thursday Oct. 24th) which are expected to be good. They have also just launched a new station to capture Latino listeners and another station for FOX Business News and Regular News. This stock is cheap right now and...
Price is showing weakness in the uptrend after 3 attempts which failed to reach fibo 0.382 trendline.
This looks like possible fake buying before a big correction downwards.
Over big trend is still up unless the purple line is broken.
Move your stops religiously is the best advice for this trade.
SIRI has broken it 's resistance around 2.50 . Although there 's more resistance level to be broken, I'm bullish on the stock.
Another reason I like this stock, is the insider buying action during the month of August by Liberty Media Corp. For the month of August , the bought the following
Aug 10 -14 - 89.9 million shares
Aug 24 - 28 - 4.2 million shares
Aug...
