Sirius XM Holdings Inc (SIRI)

[rekcusdo]

SIRI is not a completely different medium. I would not listen to those die hard investors that say that SIRI and its competitors have nothing in common.

When it comes down to it, it wouldnt be THAT hard for Apple to directly compete with SIRI once its already in the streaming music business. And if Apple decided to compete, SIRI would probably lose fast.

That being said, this is still only rumor, and even if Apple is entering the market, it could be a year before they are ready. Also, we must assume that even if SIRI had to deal with a competitor, there is enough room in the market for two competitors given how undervalued SIRI is.

Either way, the current RSI is the technical Im watching closely and its looking very good right now.