SIRIUS XM Radio Inc (SIRI) Stock Technical Analysis

The following is Sirius  XM Radio Inc  SIRI  stock technical analysis for  December 06, 2010

SIRIUS XM Radio Inc  SIRI Technical Analysis - 12/06/2010

Resistance levels: $1.39, $1.38, $1.37

Support levels:$1.36, $1.35, $1.35

 

Shares of Sirius XM Radio (SIRI) are now trading around $1.38. Sirius XM Radio will now have resistance located at $1.46 & $1.50. Sirius XM Radio is a strong buy on pullbacks below $1.30. I am also look 50 day moving average which is $1.35.If SIRI can break back above $1.50, I feel it can start a new uptrend..Sirius XM Radio will now have resistance located at $1.46 & $1.50. Sirius XM Radio is a strong buy on pullbacks below $1.30 any market correction.

  

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