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Thursday, August 20, 2009

Sirius SIRI Stock Analysis 8/20/09 August 20, 2009

Siri Stock Chart - The following is technical analysis on SIRIUS XM Radio Inc. (SIRI) stock for August 20, 2009

SIRIUS XM Radio Inc. (SIRI) Support and Resistance Levels - 8/20/09

Resistance Levels: $0.75, $1.00, $1.08

Support Levels: $0.63, $0.60, $0.55


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Siri broke above the April 2009 high of $0.63 today. The next major resistance I am watching is $0.75 from Sept 2008. A close over $0.75 would set up a retest of $1.00 per share and the $1.08 high also from last Sept. Pullbacks to the 10 day moving average should be bought ( $0.55 ). For more Technical Analysis - Go Here

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