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| |  [netinsert=0.0.1.2.1.2.2.1] Sirium Radio Sirium is doing a reversal now. A very good sign is the long white candlestick has very high volume. ( refer to graph ). The subsequent two days of contraction stays at the top with very low volume. I expect a bit of consolidation before a run to break $1.02 and for the moving [...] Sirium XM radio stock has perform a spectacular run from from around 60 cent to $1.15 in the last month and reach a climax top on Feb 16th. Previous post has tracked this stock move from 63 cents up. Subsequently, the stock selldown to around 82 cents whereby it seems to have found temporary support [...] For more information and special deals related to any of the issues on this page, place your cursor over the double-underlined links. All information supplied by Kontera.com. Support this post The spinning top on high volume on Tuesday and a long black candlestick have confirmed that at least for now, SIRI needs a rest and the market is not ready to push this stock higher at least for the next few days of trading.The last gap that is formed seems to be a exhaustion gap. [...] Sirium XM radio gap up on friday and forms a spinning top candlestick on high volume. This is a sign of temporary weakness in the stock and it is likely to consolidate sideway or drop back to 13,26D MA as support. In the weeks and months ahead, SIRI may test its high of 88 cents [...] SIRI has been showing positive and bullish signals this two weeks in its stride towards 78 cents. Most indicators look positive with MACD and Acc/Dist turning up. Last night, it tested 74 cents with relatively good volume. However, what i would like to see is a much higher volume to break through 78 cents resistance. [...] Sirium XM Radio hit 71 cents last week and do a 2 day retracement with low volume. Yesterday, a price increase with a hanging man candlestick with volume increase. Expect a ballistic upmove once 71 cents and 78 cents ( last August resistance is cleared ).On the mid term, i would expect it to break [...] | |||||
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