$SIRI to go to $6.50 after breaking the $5 lvl of resistanceSiri to rise to the $5-$6.50 gap. It's clear as day on the chart.. with the 50 day moving average crossing the 200 day in an uptrend.
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NASDAQ:SIRI
Sirius
SIRI Sirius XM Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SIRI Sirius XM Holdings prior to the earnings report this week,
I would consider purchasing the 4usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $0.32.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$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.
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.
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SIRIUS MINERALS LONGThis stock took a crash earlier this week and has now been following a very strong uptrend over on the smaller time frames, If this continues we can grab a nice and easy profit once the stock market opens.
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!
Pandora still Long despiste the SIRIUS aquisitionPandora still Long despiste the SIRIUS aquisition
Atm SHORT SIRI
SiriusXM, SIRI , Up TrendI am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader.
I believe SIRI is in an uptrend. I'm not going into a lot of detail with this one. I've drawn what I believe to be the Support and Resistance lines. SIRI may not bounce off Support, and that's ok as long as it keeps going up in price. Some trends (up or down) just hug one line or another and may not bounce between the two. Though a bounce would be nice, the overall trend is the important technical aspect to watch. If it bounces, great; if it just crawls along Support for the next week or two that's fine as well. With my lines drawn as they are you may notice the body of the candlestick from Friday, September 07, 2018 doesn't touch the line; but a low wick comes close. That low wick could be all the Stock needs for the price to start rising; but it also wouldn't surprise me if Monday's price action dropped to touch Support. Decide on your own strategy, and set an alert or automated Stop Loss for your safety net.
There are a couple different strategies to use with trends. You can buy at Support and sell at Resistance, and repeat until the pattern changes; or you can buy and hold. Either one will make money as long as the trend continues in the correct direction.
Let me know if you have any questions or comments.
5.22.2017 Trade Idea: PIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader