I think I am going to play the 5 sma and wait till we close under it or show weakness there before I bail a bit more.
EDIT: Currently sits at 3.12
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Riding the 5 and under the upper BB....
Attachment 717
This might be easier to see...
Attachment 718
We're getting closer to the conference call. And the closer we get I got to think we're going to increase. I'm a bit hesitant to take any of the table right now. Anybody thinking of selling the news of the conference call. Or do we continue up after the conference call?
http://satelliteradioplayground.com/...et/#more-23086Quote:
Last year, Sirius XM Radio (SIRI) hit Goss’ 2012-based price target of $3.00 to the penny. For 2013, Goss reaffirms his OUTPERFORM rating on the equity and sets a new 2013-based price target of $3.75. Goss cites Sirius XM’s continuing improvements in EBITDA and FCF generation as key drivers behind his outlook for 2013. Read More
For the gap playing guys... what gaps are still open? I know there's one from today at 3.12.
David
That's a pseudo gap not a true gap. The intraday range from yesterday was 3.09 to 3.16....sure some think these close to open gaps fill and this one will but it is not a gap. The big gap pending to be filled is at 2.91 to 2.95. Will it fill, probably but maybe not for a while....