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4 Feb : Sirium needs a rest

|Includes: Sirius XM Holdings Inc. (SIRI)

The spinning top on high volume on Tuesday and a long black candlestick have confirmed that at least for now, SIRI (0.8566 ↓5.82%) needs a rest and the market is not ready to push this stock higher at least for the next few days of trading.The last gap that is formed seems to be a exhaustion gap. Watch for its pull back to the 13D,26D moving average.

4 Feb

Disclosure: No