Chart Request: Sirius Satellite Radio Inc. (SIRI)

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Jerry wanted a chart of SIRI. It's broken out of the trend channel I pointed out a couple of weeks ago. Teresa nailed it.) It looking much stronger now. The only question is finding a low risk spot to jump in. (Yesterday morning would have been good.)


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The one small caution is that on April 6, there was also a very high-volume break-out above the 50 DMA. This latest break is a bit better because it was proceeded by another high-volume up day. Note that at that time, the break alos appeared to be pulling ahead of a bit of consolidation and ahead of the channel/downtrend at that time.

check out my neighbors in meatspace


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This page contains a single entry by Michael published on June 27, 2006 8:57 AM.

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