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Monday, April 11, 2011

SIRIUS XM Radio Inc (SIRI) Stock Analysis 4/11/11

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

SIRIUS XM Radio Inc. (SIRI) Stock Chart - The following is technical analysis for SIRIUS XM Radio Inc. (SIRI) - April 11, 2011

SIRIUS XM Radio Inc. (SIRI) Support & Resistance Levels - 4/11/11

Resistance Levels: $1.90, $2.00

Support Levels: $1.62

Chart - http://www.stockcharts.com

SIRIUS XM Radio Inc. (SIRI) stock is trading around $1.79 on Monday. SIRIUS XM Radio Inc. (SIRI) will now have resistance up at $1.90 as well as $2.00. SIRIUS XM Radio Inc. will have support at $1.62 which was the recent low. SIRIUS XM Radio Inc. remains a strong buy below $1.50 if we see a correction. SIRI has been on a huge run in the past 52 weeks so I'd only be buying major dips right and not the break outs..

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