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Tuesday, February 15, 2011

SIRIUS XM Radio Inc (SIRI) Stock Analysis 2011

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

SIRIUS XM Radio Inc. (SIRI) Stock Chart - The following is technical analysis for SIRIUS XM Radio Inc. (SIRI) - February 15, 2011

SIRIUS XM Radio Inc. (SIRI) Support & Resistance Levels - 2/15/11

Resistance Levels: $1.90, $2.00

Support Levels: $1.58

Chart - http://www.stockcharts.com

SIRIUS XM Radio Inc. (SIRI) swung to a quarterly loss Tuesday and the stock is down 6%. SIRIUS XM Radio Inc. (SIRI) will now have resistance up at $1.80 as well as $1.90. SIRIUS XM Radio Inc. will have support at $1.58 which is the current 50 day moving average. SIRIUS XM Radio Inc. remains a strong buy below $1.40 if we see a correction. SIRI has been on a huge run in the past 52 weeks and could be getting ready for a test of the 50 day.

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