WOULD YOU TUNE INTO SIRIUSXM FOR MADONNA?MACD AND HISTOGRAM BOTH BULLISH, RSI APPROACHING RESISTANCE AT 62, A BREAK ABOVE A GOOD BUY CONFORMATION.
MOVE ABOVE CLOUD AND $5.85 GOOD ENTRY POINT.
AND MOST IMPORTANTLY THERE IS A NEW MADONNA CHANNEL. YIPEEEE
AVERAGE ANALYSTS PRICE TARGET $6.79
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/R RATIO 25
SHORT INTEREST 11.48%
COMPANY PROFILE
Sirius XM Holdings, Inc. is a radio company. The company offers music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. Its brand channels include SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation and SiriusXM Marine. The company was founded in 1990 and is headquartered in New York, NY.
SIRI1 trade ideas
$SIRI Is the risk reward appealing in Sirius XM.?Difficult to call this into earnings, estimates are for a reduction in earnings but increase in revenue, we will wait for a move before taking a position, high volatility on earnings is more than likely and the risk just seems to high to enter a position prior to getting more information.
Position Formation - 45m Interval - SIRIHello Everyone,
The stock (SIRI) has quite a significant uproar in (bullish) demand, as there still appears to be room for more upward momentum throughout the next couple of days.
Resistance Level 1 - (6.05 - 6.25) 20 pip interval
Blue Horizontal Line - (5.75 - 6.00) 25 pip interval
Support Level 1 - (5.45 - 5.70) 25 pip interval
PA - (5.70 - 5.85) 15 pip interval, after price influx (bull)
Furthermore, consider the current RSI level (Almost overbought threshold). Further analysis and patience of market movement may be necessary for proper judgment.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
What's Going on With Sirius XM?!Lots of big news surrounding Sirius XM recently... And it's good news. SIRI not only beat their estimated earnings, but they also just acquired Pandora! Toyota also just announced that they will be making Sirius XM a standard feature in all vehicles in the United States. SIRI also claims to have many big plans for 2019, let's hope for a strong year! The Megalodon indicator is giving us the green light to buy SIRI. For information on how the Megalodon indicator works, or to use it for yourself, just send me a message!
SIRI Trying to Form an Inverse Head and ShouldersSIRI might be trying to form an inverse head and shoulders pattern with 6:38 as the neckline. This 6.38 area also served as resistance earlier this year. If price breaks through the neckline on increased volume, one might look for a target of 7.20, about a 12% increase as implied by the height of the head. Good luck; have fun.