SiriusXM racks up another profit - Analysis - 22-05-2017

Economies.com
2017-05-22 12:48PM UTC

Sirius XM Holdings' stock (SIRI) rose anew in the intraday levels, scoring a profit of 1.03% in the last session, or 0.05 points, amid the dominance of the main upward short-term trend, coupled with positive signals from relative power indicators, with the stock tackling the resistance of 4.95, countered by negative pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, provided it pierces the resistance of 4.95, targeting the next one at 5.22. 

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