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27 Jan Will Sirium Breakthough tonight ?

|Includes: Sirius XM Holdings Inc. (SIRI)

SIRI (0.7403 ↑4.22%) has been showing positive and bullish signals this two weeks in its stride towards 78 cents. Most indicators look positive with MACD and Acc/Dist turning up. Last night, it tested 74 cents with relatively good volume. However, what i would like to see is a much higher volume to break through 78 cents resistance. During the august 2009 timeframe, the 78 cents high is traded at the day high volume of 0.19 Billion share compared to the current 0.04 Billion share traded yesterday. If volume don pick up these two days, we may have to wait another round to break 78 cents. But the impending good result release should provide some positive stimulus.

27 Jan Sirium

Disclosure: Yes