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

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	Symbol	Last	Change	Chg.%
	EUR/USD	1.1301	-0.0096	0.8384%
Midday update for EURUSD 14-12-2018
	GBP/USD	1.2573	-0.0130	1.0265%

	Silver	14.624	0.004	0.027%

	Oil	51.154	-1.091	2.088%
Midday update for Crude oil 14-12-2018
	Brent Oil	60.16	-1.26	2.05%

	Gold	1240.015	-8.025	0.643%
Midday update for Gold 14-12-2018

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