Sirius XM Holdings Inc (SIRI)

[dmlabuda]

Hmmm ... well, if the price is here then it can't very well drop from there where it was although I have seen a Rising Wedge behave violently once it began to move with Gap down openings below the low price line of the wedge. I've also seen the price appear to go almost sideways out of the wedge only to taper off over two or three days and then fall 20% or more in one day. But, this is not a market that sees many wide price swings so, I expect it to behave about the way it usually does except that most likely will drop in price here next week. I don't think it will test the top of the wedge again before it falls.