Sirius XM Holdings Inc (SIRI)

[dmlabuda]

ROTFLMAO - Well, it is, isn't it? The best place to start is John Murphy's book titled Technical Analysis of the Financial Markets. http://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dstripbooks&field-keywords=techncal+analysis+of+the+financial+markets&x=0&y=0

The first book I ever read on the subject which I still believe is one of the best is the Secret of Selecting Stocks for Immediate and Substantial Gains by Larry Williams http://www.amazon.com/s/ref=nb_sb_ss_i_4_14?url=search-alias%3Dstripbooks&field-keywords=larry+williams+-+the+secret+of+selecting+stocks+for+immediate+and+substantial+gains&sprefix=Larry+williams

Any book by Gerald Appel is also very good especially his book on the MACD. http://www.amazon.com/s/ref=nb_sb_ss_i_1_11?url=search-alias%3Dstripbooks&field-keywords=gerald+appel+books&sprefix=Gerald+Appe

One word of advice, don't believe everything you read in those books. The markets are dynamic and what those folks found to be true when they wrote those books may not necessarily work the same way today. So, what I do is read something and then I go and look at a lot of recent charts and see if that stiff still applies. Most of it still does but, some of the things you see there are no longer exactly that way. For instance, I remember reading somewhere that you had to apply the rules to daily price charts only but, that is not true because I apply my rules to all charts and they all work quite well. There are always exceptions too. That is, you can diagnose a chart as having a head & shoulders top, but the neckline will not be broken and the market will continue to go higher. So, one thing I do that none of the books talk about is to confirm the price patterns with other indices and look at Monthly, Weekly, Daily, Hourly and even 15-minute charts to zero in on the precise timing of a top or bottom. But, it's a lot of fun, does not really take that much time, and it will make a huge difference in your trading account balance.