Sirius XM Holdings Inc (SIRI)

[dmlabuda]

Candle stick reversal patterns are not very reliable and ALWAYS need to be confirmed by other technical indicators for accuracy. I typically give more credence to the Technical Indicators and price formations and use the candle stick patterns to confirm those. In my experience, that is a far more accurate way to call the markets. Candlesticks really only call the short term swings in the markets anyway. I agree that for the short-term, the market could easily reverse here back to the GAP at $2.23. This is NOT a major reversal. Market volume is far too weak for that.