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The Long Investor
The Long Investor

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$SIRI - WATCHLIST -

$SIRI behaved as expected this week too and pulled back to its standard 0.618 Fib at $23, held and has now bounced and back out of the descending wedge again.

The length of the blue shaded range goes up to $49, which is where the 200 WMA is at right now.

So as I have said here before, I like the technical set up, I like the trapped value here and the Buffett due diligence done here too, as he has been accumulating heavy.

The 200 Day MA just next to flip to support at $27 and there is potentially a lot of upside here to the 200 WMA at $49.

$SIRI - WATCHLIST -

Comments

Question: didn’t buffet buy liberty and not Siri? His thesis said, that due to the merge and restructuring, liberty shares should increase in value. So I am a little confused here tbh

Lars Henning

Are you considering adding?

JCB


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