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….
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...
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.
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....
SIRIHiLo.jpg
SIRIClose.jpg
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!!
Last edited by denco1; 07-10-2013 at 10:10 AM.
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
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.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…...
SIRI 2013-07-10.jpg
Last edited by Limit5Bass; 07-10-2013 at 11:43 AM.