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Thursday, October 7, 2010

SIRIUS XM Radio Inc. (SIRI) Trading $1.28 Today

By Tim - http://daytradingstockblog.blogspot.com

SIRIUS XM Radio Inc. (SIRI) Stock Chart - The following is technical analysis for SIRIUS XM Radio Inc. (SIRI) - October 7, 2010

SIRIUS XM Radio Inc. (SIRI) Support & Resistance Levels - 10/7/10

Resistance Levels: $1.30

Support Levels: $1.25, $1.10, $1.00

Chart - http://www.stockcharts.com

SIRIUS XM Radio Inc. (SIRI) is trading at $1.28 today but managed to bounce off $1.25 yesterday. SIRIUS XM Radio Inc. is still in break out mode until further notice but I'd like to see it rally up through $1.30 over the next few days. SIRIUS XM Radio Inc. will have support located at $1.20 as well as $1.20. SIRI is a strong buy on pullbacks below $1.00.

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