SiriusXM seeks a bottom to boost it - Analysis - 21-03-2018

Sirius XM Holdings' stock (SIRI) kept falling in the intraday levels, recording a new loss of 0.32% in the last session, or 0.02 points, as the stock seeks a bottom to bounce it higher anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, while the Relative Strength Index reached extremely oversold levels compared to the stock's movements. 

Therefore we expect the stock to return higher, provided the support of 6.28 holds on, targeting the resistance of 6.65.