The action today saw SiriusXM hold the line, but the EMA's are still not pretty. If we close in the $3.50's tomorrow we will add yet another caution flag. Don't say you have not been warned. The current base looks to be $3.50, but is the world news is bad, we must really consider $3.40 as a potential stop.
The support and resistance is cleaning up a bit. The wall at $3.65 is no longer as strong and has shifted up to $3.69 or so. In the short term look for more dabbling in the $3.50's or low $3.60's as the EMA's converge. Then be ready for a bolder move. Whether that move is up or down is not yet set in stone.
Support and Resistance
Exponential Moving Averages