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SIRI

SIRI - Getting Sirusly BullishSiri earnings are here and there are MANY reasons to be bullish. Fundamentals Warren Buffet's Berkshire has been buying relentlessly over recent months. The stock is down 68% from its high in July this year. Siri's earnings have been exceptional for years. Tomorrow (31st October) is predicted to be no different. Gross margins of 49%, EBITDA margin of 29% and P/E ratio of 8.2 in prior quarter. Technicals RSI has put in a higher-low & is giving us a glimpse of divergence. The price recently put in a lower-low, suggesting selling pressure is limited from here. From a technical perspective, NASDAQ:SIRI is just about to complete a 7 year accumulation phase in a wedge pattern (yellow). When it does so, it will also put the finishing touches to an inverse head & shoulders (or cup and handle) pattern that has lasted 23 years. That head was a HUGE elongated structure, after the stock was teetering on the verge of bankruptcy in 2008/9. By taking the height of the H&S structure and applying it on-top (white arrows), you get an eventual price target (T2) of, that's right ....$10,100 a share. 370x from current levels. That T2 target also corresponds with the 2.0 fibonacci level. An earlier more modest initial target is the 1.414 fib, of $530 (19.3x). This coincides with it's prior all-time high and where the stock may find a place to rest for a breather on it's meteoric rise. An extended T3 target for the 2040s would land in the fib pocket (2.272/2.414) priced at between $40k - $80k a share. And yes. I'm deadly Sirius . Summary NASDAQ:SIRI looks like it will be shining bright until at least 2030, and likely beyond. One of the best value investors of all-time agrees (at a time when he is raising significant cash from Apple & Bank of America) amidst uncertainty & a transition of infrastructure. Satellite communication companies are really about to kick into their adoption phase. We may all soon realise why Siri is a crucial part of that future.
NASDAQ:SIRILong
by DigiDavid
4
Liberty Media Corp | LSXMA | Long at $21.00Liberty Media Corp NASDAQ:LSXMA may have just double bottomed near $20. If so, it could mark the beginnings of a turnaround in price (especially during this political season). However, I am staying cautious. Warren Buffet was diving into this name a little too early for my taste, but now it is in a personal buy zone if it can stay above the $20 mark in the near-term. Target #1 = $25.00 Target #2 = $30.00 Target #3 = $43.00 (long-term view...)
LLong
by WorthlessViews
SIRI is pulled back for a LONG entryOn 1 120 minute chart, SIRI is now well positioned having tested the support of two sets of VWAP bands anchored back two earnings periods and so 3 months apart. The mean VWAPs are confluent and so form strong support. I expect the price to return to the early December high and test that level. In the past day a buying volume aberrant spike was printed. The MACD lines have been crisscrossing under the histogram signaling support of the cons9olidation of price with a series of Doji candles before the final engulfing green dandle. Of interest, the next expiration of the options is February 16th. On that date the dominant option strikes are %5.00 , %5.50 and $6.00 $5.00 is the present level for the strong support of the confluent mean VWAPs aforementioned It is in this range that I will join the options activity for the time being. I will take a few calls at each strike level as they are presently priced at $ 12- $ 32 per contract. I will also take 10-20 shares of stock in a short position to provide a little risk-off hedging.
NASDAQ:SIRILong
by AwesomeAvani
Sirius XM - A name everyone forgot SIRI gives me Blackberry vibes. No one paid attention to Blackberry and thought the bulls were crazy for getting long in the 5s and 6s. You could see some of the comments in this post on BB here from Aug 2020: Tightness in volatility is what traders look for. Especially multi-year consolidations like SIRI. In my first year as a stockbroker my boss said... "buy em' when they're sleeping, sell em' when they're leapin" ... sleepers in dominant uptrends (above all major moving averages and overhead supply) are being accumulated. When the supply runs dry they end up exploding. 1000 TradingView coins to the most 'liked' fundamental analysis (bullet point form) in the comments below!
NASDAQ:SIRILong
by Lanmar
$SIRI: $6.25 Short -> Continued Bull RunFirst off don't take anything I say as financial advise or seriously, as always this is on opinion basis. Now that being said, let us get into some key points. Sirius Holdings had a positive earnings call in comparison to the same time last year, even without direct revenue guidance. They have beaten many market expectations and calls by analyst. Since there is some positive outlook at a result, even given the minuscule 2.6% growth thus far today, I am conservatively calling a short target of $6.25 as the next target. I'm shortening this as I believe given its market history, it isn't too risky of a hold, but isn't a high growth stock compared to what is out there.
NASDAQ:SIRIShort
by gamer456148
SIRIUS XM HOLDINGS INC Easy Buy SoonHello traders, We broke the down trend and are seeing very standard continuation pattern! We are currently completing ABC flat correction which will soon end and when it does we will have a very nice buy opportunity. I will update the chart when I see the setup and post it on the channel, stay tuned for more. Check out some of my other ideas down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow, I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
NASDAQ:SIRILong
by UnknownUnicorn852976
1