Stocks

SiriusXM ends cautiously higher - Analysis - 11-02-2019

2019-02-11 12:52:03 GMT (Economies.com)

Sirius XM Holdings' stock rose 0.68%, or 0.04 points, retesting the resistance of 5.95, with negative signals from the RSI, amid negative pressure from the 50-day SMA, while trading alongside the downward correctional trend line in the short term. 

 

Therefore we expect the stock to return lower, targeting the important support of 5.55, as long as the resistance of 5.95 holds on. 

 

Expected trend for today: Likely Bearish 

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