The SIRI (Sirius XM Holdings Inc) short trade hit the second price target on April 2nd for a 7% profit with SIRI moving just 2 cents lower before reversing & going on to hit the maximum suggested stop of 6.83 on May 10th, resulting in a 4.1% loss for those that did not book partial or full profits at T1 or T2 or lower stops as suggested when T2 was hit. Previous & updated 60-minute charts: click on first chart to expand, then click anywhere on the right of each expanded chart to advance to the next expanded image [...]
This video begins with an update on the Nasdaq 100 index & the potential stop-raid scenario highlighted earlier today followed by coverage of several trade ideas that stand out in the following order (starting at the 7:49 mark): Crude oil, lumber futures & the timber/forestry sector, Bitcoin via futures & GBTC, the US Dollar via futures & the EUR/USD pair along with a quick discussion of gold & GDX. Starting at the 25:24 mark, all active trade ideas on RSOTC followed by two unoffficial trades are covered in this order: Long Trades: XLP (stoppped out on Friday but still looks good), [...]
SIRI (Sirius XM Holdings) has hit the second price target, 6.10, for a 7% gain. Consider booking partial or full profits and/or lowering your stops if holding out for T3 or T4. Previous & updated 60-minute charts: click on first chart to expand, then click on right of each expanded chart to advance to the next expanded image. pinch-zoom on mobile.
The video provides updates on all of the active trade ideas plus a few unofficial trades on RSOTC at this time proceeded by a brief analysis of QQQ with the near-term outlook for the US stock market. For those wishing to skip ahead to a particular trade idea, the following securities are covered in this order: QQQ (up to the 5 minute market) followed by CANE, WEAT, CORN, CMCSA, ENDP, IEF, TLT, LABD*, XBI*, NFLX, NKTR, SIRI, URGN & XLP. *LABD & XBI were recently closed out after hitting the sole price target but there are some notable developments on the [...]
Updates on all of the official short trade ideas on Right Side Of The Chart at this time. For those wishing to skip ahead to a particular trade, the following stocks are covered in this order: ENPH (recently stopped out), LABD, XBI, NKTR, NFLX, SIRI, TWTR & URGN. playback speed can be increased in the settings to reduce the duration of the video
The SIRI (Sirius XM Holdings) Active Short Trade has hit the first price target of 6.26 for a 4.6% profit in just over a week, reversing off the 6.24 level so far on the typical reaction off the initial tag of T1. Consider booking partial or full profits and/or lowering your stops to protect profits if holding out for any of the additional price targets. Previous & updated 60-minute charts:
The following notes & charts outline the entry criteria, price targets, suggested stop & beta-adjusted position size for a swing trade in SIRI, Sirius XM Holdings Inc.