No real movement today, and the SiriusXM story remains much the same. The equity is still in a tight range, and still is not demonstrating strength in moves. Critical levels remain at $2.99 and $3.09. We essentially have a wall at somewhere between $2.95 and $2.99 on the downside, and a wall between $3.09 and $3.12 or so on the upside. It will take heavy volume to get past either area and investors need to be aware of the risks as well as the potential.
Support and Resistance
Exponential Moving Average