SIRI1 trade ideas
new break out point thank to pandora netflix joke revenue will be back up look for $7.40 price range break out sentiment a plus
$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.
SIRI LongLooking for a pull back this week that is support by volume and matching price action. Projection break of 200ema and retest of that and staying above. Various signals are painting long as shown on charts.
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
Black Marabozu≤ 5 weeks | ATM Buys ONLY | Volatility ≥ 20%
EMA crossover
RSI indication
MACD crossover
Break of previous Valley
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: Keep a close watch for price movements >6.00* Share prices could head back to 6.15 if it remains above 6.00
* The next two support level are estimated at around 5.90 and 5.80
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.
SIRI Inverse H&SSiri forming an inverse head and shoulders.
Resistance at $6.62
Gap between $6.82 - $6.95
With the right shoulder bigger than the left don't buy till breakout.
SIRI Neckline Break LongLong based off of technical patterns
My Entry: 6.38
Stop Loss: 5.99
Profit Target: 8.00
SIRI SpeculationAfter multi-time frame analysis, I have determined the bigger picture trend is Bullish. I will look for an entry here.
SIRI - POTENTIAL BOUNCE TRADESIRI is falling hard and it's now making a V shape pattern. Look to the price action on a lower timeframe for a potential bounce. A breakdown under this temporary low invalidates this setup.
SIRI - Fibretrace at 0.618SIRI has acquired Pandora (P) and will likely increase subscriptions in coming quarters.
Earnings coming Oct. 26th
Dividend currently measly $0.01/Qtr or $0.04, or 0.64% with current price.
Unless market further corrects this should bounce to 0.500 fibretrace next week for 5% jump, ideally 382 for 10% target.
Placing low ball open order below this at $6.15.
About to get Wild-SIRIWait and Watch for Siri to capitalize on New forms of Customer driven content. Don't take my recommendation as I am not a professional, but buy siri!!!
