Jerry wanted a chart of SIRI. It’s broken out of the trend channel I pointed out a couple of weeks ago. Teresa nailed it.) It looking much stronger now. The only question is finding a low risk spot to jump in. (Yesterday morning would have been good.)
The one small caution is that on April 6, there was also a very high-volume break-out above the 50 DMA. This latest break is a bit better because it was proceeded by another high-volume up day. Note that at that time, the break alos appeared to be pulling ahead of a bit of consolidation and ahead of the channel/downtrend at that time.