Sirius - XM beat the street reporting earnings this morning and incresed their forecast projections for the remainder of the year. In pre-market trading the stock is virtually unchanged at $1.10.
Look for a "shakeout" move on selling the news. This may be the opportunity to add to your long position.
Remember a break of $1 and all long bets are off.
As I'm posting this the market opened and you are seeing the daily range as of 9:35 am.
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