Posted On: 12/22/2013 11:10:46 PM
Post# of 2561
SIRI Daily Chart ~ Still on Watch for a Re-Entry
SIRI has been a good one to swing trade, and it's getting close to buying in again. The FullSto and MACDs appear to have bottomed out and are beginning to curl a bit towards the upside. Although I was hoping for a swift drop into the low 3.00s, it doesn't look like we'll get lucky. For now the MA200 is the resistance of the last seven trading days. A close above the MA200 might be my trigger, although entering in the 3.40ish area might be a good spot also since that level has offered support over the last week. GLTA
SIRI has been a good one to swing trade, and it's getting close to buying in again. The FullSto and MACDs appear to have bottomed out and are beginning to curl a bit towards the upside. Although I was hoping for a swift drop into the low 3.00s, it doesn't look like we'll get lucky. For now the MA200 is the resistance of the last seven trading days. A close above the MA200 might be my trigger, although entering in the 3.40ish area might be a good spot also since that level has offered support over the last week. GLTA
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