Perhaps not too old, hopefully four days suffice. Over the previous four days of trading for company shares of Sirius XM (NASDAQ: SIRI) have exhibited mirrored price action, one after another. This began originally on August, 25th and looking to the highlighted portion of the chart you can clearly see a pattern.
Also available to be seen is on balance volume (OBV) reacting in a bullish manner, showing positive divergence against the daily trend. What is to be found there is share price continuing to channel, while OBV is gaining bullish momentum. “SIRI” stock has long been in a consolidation period encapsulated in a symmetrical triangle technical figure. This technical figure originally began forming on May, 3rd. via newsfuzion.com