Replies to post #22086 on Sirius XM Holdings Inc (SIRI)

[realfast95]

I didn't say anything about Stochastic, because it can roll over.
But because MACD is strong, it will be a short decline.
Did you look at the link I added to my last post? It shows a strong support (blue line) and since it's moving up, I don't see the decline to break 2.20

Now there are two yahoo posters that know more than the rest of us. Streetinsider says there will be a decline to 1.90 because of a big owner selling. But he doesn't place a date on it.

The other Duke, in which I posted here earlier this week.
Talks about the HFT who have entered the space. The Duke talks about two boxes. So SIRI hit (and exceeded) the top box top, and should fall. But that box bottom is around 2.20 - to - 2.22
Then we can talk about the lower box, but even that doesn't go below 2.07

As I said earlier. Your not a buyer on such a decline, because if you didn't know to buy on the move up, I doubt you would buy on a move on the downside. You were late to the party.
Good luck.