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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 through 78 cents and head towards the intermediate weekly resistance of  $1.28 and $1.98 before it attempts to break its downward sloping 200D MA. ( Refer to second chart on weekly candlesticks ). I am positive and excited about this stock to be the penny stock of the year to watch out for.This is one of my favourite penny stock last year when i first traded it from 30 cents upward. Since last August, it has hit a high of 78 cents and gone into consolidations until now. It used to be a $68 stock during the 2000 internet bubble period.. I discover the method of finding this penny stock based on proprietary indicators from this trading system. Click Here!

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