SiriusXM driven lower by pivotal resistance - Analysis - 06-12-2018
2018-12-06 13:28:06 GMT
(Economies.com)

Sirius XM Holdings' stock fell 2.06% in the last session, or 0.13 points, after the pivotal resistance of 6.38 held on, representing the neckline for a positive pattern that's forming currently in the short term, the Inverse Head and Shoulders pattern, while gathering momentum to help it rise anew, amid positive support from the 50-day SMA.
Therefore we expect the stock to return higher, provided the resistance of 6.38 was breached, targeting the next one at 6.82.
Expected trend for today: Likely Bullish
Symbol | Last | Change | Chg.% | ||
---|---|---|---|---|---|
|
|
1.1337
|
0.0038
|
0.3403%
|
|
|
|
1.3044
|
0.0137
|
1.0618%
|
|
|
|
15.995
|
0.216
|
1.369%
|
|
|
|
57.260
|
1.486
|
2.665%
|
|
|
|
67.18
|
0.14
|
0.21%
|
|
|
|
1339.840
|
18.505
|
1.401%
|
|
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