Sirius Satellite Radio surged 8% today !!!!!
Shares of SIRI rose more than 8% today and closed near the top of the channel at 4.29$, is setting up for a possible breakout above 4.30$ resistance, and if break it the stock could push till 5$. The technical chart show several positive divergences of MACD that have been printed since last May, today volume was huge, so I think the stock has now conditions to break this channel and go forward. Bullsih Signal : 20 dma line already it crossed 50 dma
Stocks to watch Friday for a possible breakout : AMD ( Ascending triangle )
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.
That's All. Have a great evening !!!
AC
Labels: RAMBUS
