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Tuesday, November 9, 2010

SIRIUS XM Radio Inc (SIRI) Downgraded 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) - November 9, 2010

SIRIUS XM Radio Inc. (SIRI) Support & Resistance Levels - 11/9/10

Resistance Levels: $1.60, $1.66

Support Levels: $1.43, $1.37

Chart - http://www.stockcharts.com

SIRIUS XM Radio Inc. (SIRI) was downgraded by Gabelli & Co today but that stock is brushing it off nicely. SIRIUS XM Radio Inc. stock has resistance located at $1.60 as well as $1.66. SIRIUS XM Radio Inc. showed nice basing action last week around $1.50 and this is the new support area. SIRIUS XM Radio Inc. remains a strong buy below $1.30 if we see a correction.

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