Took some time between chores this morning to peek at the charts. I don't plan any trades on SIRI or AT for now, and as far as ETE goes, I'm holding for what I see is growth in the cards based on my comments on the attached chart snip.
ETE0428.JPG
Looking the ETE chart of a few minutes ago I see a lot of positive pointing indicators.
1) Starting at the top (RSI) shows a tapering off from the Overbought area, indicating room for more buying
2) Looking at the Candles, I see a GAP down near $12....... this might be a good place to put some dry powder laying is wait for that potential buying opportunity.
3) Note also the drastic upturn in the 50DMA and note that it is converging on the 200DMA... if this trend continues, a Golden Cross will form when those line cross, representing what many people feel is a signal for a Bull Market in the offing.
4) EDIT, forgot to mention that the MACD at the bottom of the chart further confirms my opinions that in the near term we will see a Bullish trend.
Again, full disclosure on my part is that I have no knowledge of the Fundamentals in this company, and my Technical Analysis is admittedly from a very basic level of understanding....... However, I have experienced a reasonable level of success by following my instincts with these basic indicators.
Now, let's see If DM's instructions for pasting a chart image really works. If so, thanks again DM. If no, then I'll be back with an edit of what I recall from past as a technique which works.