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Thursday, November 11, 2010

SIRIUS XM Radio Inc (SIRI) Falls Below $1.43

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 11, 2010

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

Resistance Levels: $1.45, $1.51, $1.60

Support Levels: $1.35, $1.30

Chart - http://www.stockcharts.com

SIRIUS XM Radio Inc. (SIRI) fell below $1.43 today and hit a low of $1.39 . SIRIUS XM Radio Inc. stock will now have resistance located at $1.45 as well as $1.51. SIRIUS XM Radio Inc. will now have support located between $1.30-$1.35 so I don't see much more downside in the short term. SIRIUS XM Radio Inc. remains a strong buy below $1.30 if we see a further correction.

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