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The Long Investor
The Long Investor

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$SIRI

Earnings are due out before the market opens on the 1st of May, price is moving down this very tight wedge now towards this date too.

We have got to assume that any concerns for their report is getting factored in now.

A test of the 0.78 Fib at $18 is looking very possible for a test before earnings too.

$SIRI has a high dividend yield now of +5.2% and something Buffett is likely enjoying and may be taking advantage of this share price too at this low level.

The technical breakout level and bounce looks strong here but the market will need to be convinced that $SIRI has positive growth for the future.

$SIRI

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