$SIRI
Added 2025-03-17 09:07:10 +0000 UTCI am a fan of $SIRI and have been considering a position but I want to see a breakout of the descending wedge and holding and this has not come yet.
Bulls are looking for a higher low now and I have added in the amber support levels to show where it needs to come in.
Price needs to hold above $21 or the price action is at risk of moving down the descending wedge further and a possible move to the larger green 0.78 Fib at $18.
When a breakout does come, I believe this could attract buyers and there is a route to the 200 WMA which is at $48.
Comments
Moved really well since this post and looks as if it may have broke out the wedge
Mark H
2025-03-26 09:53:25 +0000 UTCBuffett fave
AJ
2025-03-17 09:21:03 +0000 UTCAs the older days with higher prices come out of the 200wma, that 200wma will drop considerably, below 48. I don't understand how $48 holds as a target/route back to it. Please could you explain? Thank you
Nigel
2025-03-17 09:12:19 +0000 UTC
