SiriusXM Technical Charts

The SiriusXM Technical Charts Are Below: Volume Support and Resistance   Exponential Moving Averages – EMA’s   SIRI Mock Portfolio Strategy today is as follows: Sell Over Core Level 2 if equity dips below $2.70 Sell Over Core Level 1 if equity dips below $2.66 Sell Core if… → Read More

SiriusXM Goes All Green On EMA’s

Friday was yet another interesting day from a technical standpoint with SiriusXM.  The equity has gone all green on the exponential Moving Averages (EMA) chart, and has all but broken the flexible support and resistance level that has been bouncing between $2.74 and $2.77. Before we get too… → Read More

Bullet Point – SiriusXM Up On Low Volume

The good news is that SiriusXM is up above resistance.  The bad news is that it is on low volume.  This should help to change the warning flags in the EMA’s, but the reality is that we may need to see confirmation that the equity will hold this… → Read More

Bullet Point – Liberty Adds Shares

Liberty Media added 1,880,000 shares on November 27th. It appears that Liberty is defending the stock price here. The price Liberty paid was nearly $2.75 per share, the high end f the trading spectrum that day. For those that missed it, I am traveling today and have one… → Read More

Bullet Point – Travel

Premium Members… I have an early flight tomorrow morning and several meetings to attend.  I will be off line for the better part of the day, but may be able to post bullet points if time allows.  If Murphy’s Law exists, tomorrow will bring some meaningful action.  Cheers,… → Read More

Bear or Bull: How About the Combination… Bell?

SiriusXM is bullish one day, bearish the next, only to be bullish again.  It is a virtual tug of war!  This is classic consolidation.  It is both bearish and bullish.  Let’s simply call it Bellish.  Half Bear and half Bull! SiriusXM traded on light/moderate consolidation volume today, and… → Read More

End Of Day Volume For SiriusXM

The last couple of trading days have been interesting.  On days volume was very light or moderate until late in the day.  It is late in the day that we see volume surges.  It has presented some interesting dynamics to watch. In the mock account the equity did… → Read More

Interesting Close For SiriusXM

Well, it is never easy with this stock.  We had light volume all day long and then had heavy volume on a move down to the 50 day moving average.  The equity tested $2.69 and bounced, but the action was all right at the close, so it makes… → Read More

Bullet Point – Watch Closely

SiriusXM is conducting a test at the 50 day moving average.  Watch closely.  The volume is fairly light so it is not of immediate concern.  My Mock account has a sell order in if the equity drops below $2.68 on volume.  As of the moment the equity is… → Read More

Bullet Point – SIRI Testing Lower

SiriusXM still seems to be in consolidation mode.  In early action volume is not heavy.  The equity has now dipped below the 5, 13, and 20 day averages at $2.75 by testing $2.74.  This was a key point.  The lack of volume on the move means that there… → Read More