Investor Alley Inc.

Mid-Day Follow-Up Commentary On: (NASDAQ:SIRI), (NASDAQ:AAPL)


New York, NY -- (ReleaseWire) -- 02/11/2013 --Sirius XM Radio Inc. (NASDAQ:SIRI) traded in the range of $3.13 and $3.16 during its latest trading session. The stock had opened at $3.14 and is currently at $3.15, up 0.96 percent from its previous close of $3.12. Sirius XM Radio recorded the volume of 24.173 million shares, while its average daily trading volume of 65.53 million shares, thus showing bullish trend. It is also trading above its 6 days EMA of $3.14 and 20 days EMA of $3.13.

Sirius XM Radio has its first resistance level at $3.16.

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Apple Inc. (NASDAQ:AAPL) opened at $476.50 and oscillated in the range of $473.25 and $484.94 in the latest trading session. It is at $480.95, up 1.26 percent from its previous close of $474.98. Apple shows bullish trend and the stock’s first resistance level is at $510.23. Upon breaching this level, the stock may touch $538.16. On the downside, it may slip to $473.02. Apple traded 13.565 million shares in the current trading session so far, in comparison to its usual daily volume of 21.885 million shares.

Apple is based out of Cupertino and it was established in 1977.

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