SiriusXM is trading in a very predictable range. The equity has decent support below and a resistance wall just above. Getting to $3.90 will be a challenge, so let's concentrate on that prior to thinking about $4 and beyond.
One key is staying above the 100 day EMA. We want to see this equity bounce off of this level on dips, and build a strong base here. A strong base will allow a better move upward that carries with it the strength to hold. Watch volume closely, and simply be aware that being range bound also means building a stronger foundation.
My bride and I begin our "pre-honeymoon" tomorrow with a couple of days in San Antonio, Texas. Then it is off to Houston for a couple of days, and then Jamaica, Grand Cayman, and Cozumel. I will be back in the full swing of things on November 25th.