Position Formation - 45m Interval - SIRI

Hello Everyone,

The stock (SIRI) has quite a significant uproar in (bullish) demand, as there still appears to be room for more upward momentum throughout the next couple of days.

Resistance Level 1 - (6.05 - 6.25) 20 pip interval

Blue Horizontal Line - (5.75 - 6.00) 25 pip interval

Support Level 1 - (5.45 - 5.70) 25 pip interval

PA - (5.70 - 5.85) 15 pip interval, after price influx (bull)

Furthermore, consider the current RSI level (Almost overbought threshold). Further analysis and patience of market movement may be necessary for proper judgment.

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***

-LionGate

Komentarz:

Key Price Zone Achieved - Consider further bullish momentum or regressing towards (Support Level 1).

(Be Aware and Stick To Your Trading Plan)***

-LionGate

Komentarz:

Bullish Position Formulating at PA (Price Action) - (5.80 - 5.95).

Take Profit Level (TP) - (6.05 - 6.20)

Stop Loss Level (SL) - (5.70 - 5.75)

Ratio from (5.85) - TP - (6.15) , SL - (5.70) Ratio: (.15 SL - .30) 1:2