Replies to post #23037 on Sirius XM Holdings Inc (SIRI)

[Lostcoastkid]

Thank you, nicely said........I also remember "not going over 2.28 for a LONG time"

I give respect to those who admit they are flat out wrong, I know it's hard I have to do it a lot

[dmlabuda]

Well, in my opinion, the price will drop in the short-term meaning soon. How long will it continue to drop? That's hard to say but, it should be a more significant drop than 33% which is what happened the last time the weekly chart was overbought like it is now simply because the degree of the overbought reading is greater and we have clear top formation on the Daily Chart.