DoujinStars
The Long Investor
The Long Investor

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$SIRI - WATCHLIST - HIGH PRIORITY -

I don't think I can ignore this for much longer

Why does this look so good and off everyone's radar bare Buffett's and mine?

Wedge breakout now and this is the weekly chart, with the 200 WMA at $50, exactly +100% jump from here

Holding on the outside of the wedge at $24.50 is all we need to see now

Price is down -4.5% now are rejecting at the 200 Day MA at $27.60, so if there is a retest of the wedge breakout level at $24.50, I am adding.

Oh and there's a +4% dividend payment here.

$SIRI - WATCHLIST - HIGH PRIORITY -

Comments

Earnings is not good though right?

Danny James

Flat revenues throughout the years. Cost cutting can only help to a certain extend. I don't see the growth. Buffett doesn't need to get 100% of all his picks correct, 60% is good enough.

Harry

Ha. I just added to my position today from the first little downtrend the past week. Buffett did the research. And the chart gives us the rest for a good little short ish term play IMO

John Fish

I’m pretty heavy in SIRI now over the last month. šŸ¤žšŸ¤ž

DK

Been eyeing this one for a bit myself. Now that you're on board my conviction is stronger. Thank you, Cap.

Issac

Fundamentally are they a good company? Their net income dropped $3B from 2023 to 2024. Revenues also show a 4% drop YoY. Is this a buy undervalued play?

Karthik Kalapatapu


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