SIRI was one of the short trade ideas mentioned last week that looks to offer an objective short entry here towards the top of this large bearish rising wedge pattern.  The fact that the stock has moved up to long-term resistance on the weekly chart with negative divergences in place is one reason for establishing a short position at the top of the rising wedge instead of waiting for a downside break of the pattern.  A stop over 3.87 would offer a 3:1 R/R for those targeting T1 at 3.51 while longer-term swing traders targeting T2 (3.10) might prefer a more liberal stop.  Daily & weekly charts: