SiriusXM garners positive momentum - Analysis - 06-09-2018

Economies.com
2018-09-06 13:34PM UTC

\Sirius XM Holdings' stock fell in the intraday levels, leaning on the support of the 50-day SMA, while gathering momentum to help it rise anew, as the stock vented off overbought saturation in the RSI as well, marking a final loss of 2.10% in the last session, or 0.15 points, amid the dominance of the main upward trend in the medium and short terms. 

 

Therefore we expect the stock to return higher, targeting the resistance of 7.29, as long as the support of 6.90 holds on. 

 

Expected trend for today: Likely Bullish

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