By Tim - http://daytradingstockblog.blogspot.com
SIRIUS XM Radio Inc. (SIRI) Stock Chart - The following is technical analysis for SIRIUS XM Radio Inc. (SIRI) - November 10, 2010
SIRIUS XM Radio Inc. (SIRI) Support & Resistance Levels - 11/10/10
Resistance Levels: $1.51, $1.60
Support Levels: $1.43, $1.37
Chart - http://www.stockcharts.com
SIRIUS XM Radio Inc. (SIRI) is breaking down through $1.50 support and getting ready to test $1.43. SIRIUS XM Radio Inc. stock will now have resistance located at $1.51 as well as $1.60. SIRIUS XM Radio Inc. showed nice basing action last week around $1.50 but is headed lower due to the stock market conditions and the downgrade yesterday. SIRIUS XM Radio Inc. remains a strong buy below $1.30 if we see a further correction.
SIRIUS XM Radio Inc. (SIRI) is breaking down through $1.50 support and getting ready to test $1.43. SIRIUS XM Radio Inc. stock will now have resistance located at $1.51 as well as $1.60. SIRIUS XM Radio Inc. showed nice basing action last week around $1.50 but is headed lower due to the stock market conditions and the downgrade yesterday. SIRIUS XM Radio Inc. remains a strong buy below $1.30 if we see a further correction.
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