That engulfing candle sure did give a nice clue on SIRI's chart. The next item on SIRI's agenda should be to break it's 52 week high. Hopefully that happens in short order for all SIRI longs…. ;)
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That engulfing candle sure did give a nice clue on SIRI's chart. The next item on SIRI's agenda should be to break it's 52 week high. Hopefully that happens in short order for all SIRI longs…. ;)
Morning Bass!
You were spot on with that observation last week Bass...:thumbup::money:
Sure would be nice to test a bit higher before the consolidation. Lets see how she acts today...GLTA
GM Denco!! What's up buddy?! I just know you've been killing it lately…. :)
I hope you had a good 4th of July. Mine couldn't have been better. How does the P&F analysis look for SIRI?
What's up BassMan!
I have been holding my own trying to make the right moves getting caught here and there for a few days but overall coming out on the + side......not killing it but rather not getting DONKEYDONGED by SchnitzelMan.:sunny:
The P&Fs are sitting at multi year highs. A break of 3.63 sets us up for more upside but with this volume today it could go either way....
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EDIT: Yesterday had a pretty damn strong candle though, so I would hope and expect at least a pop up over 3.63 but if on low volume it could be a short term head fake.
FOMC minutes could keep us in check with a BS move after like a few weeks back. The MMs suck!!
i have a few updated thoughts on "other stocks" in the other forum….check them out….
http://siriusbuzz.com/forum/showthre...35-July-Fly-By
thx for the P&F update…i don't look at those charts enough
SIRI definitely needs a new 52 week high today…..and I think it's coming :money:
remember my gap-up theory and where that places you in that short-term trend?
I am drawing a blank on this BassMan. Could you rehash....Tks.Quote:
remember my gap-up theory and where that places you in that short-term trend?
just for you Denco….placing the Fibonacci 50% retracement in the middle of the gap up gives you an estimated $3.97 short term target…...
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