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Trend Analysis Commentary & Reports For: (NASDAQ: SIRI), (NASDAQ: FB)


New York, NY -- (ReleaseWire) -- 01/03/2013 --Sirius XM Radio Inc. (NASDAQ: SIRI) is showing bullish trend as it traded in the range of $2.95 and $3.04 during its latest trading session. The stock had opened at $2.95 and closed at $3.02, up 4.50 percent from its previous close of $2.89.

Sirius XM Radio recorded the volume of 84.747 million shares, higher than its average daily trading volume stands at 74.858 million shares. Sirius XM Radio touched its new 52 weeks high in this trading session. The company offers satellite radio services in Canada and the United States.

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Facebook Inc. (NASDAQ: FB) opened at $27.45 and oscillated in the range of $27.42 and $28.18 in the current trading session. It closed at $28.00, up 5.19 percent from its previous close of $26.62.

Facebook shows neutral trend and the stock’s first resistance level is at $30.53. Upon breaching this level, the stock may touch $31.48. On the downside, it may slip to $27.49.

Facebook is a social networking company and it derives its revenue from advertisement. The company was formed in 2004. Its headquarter is in Menlo Park in California.

Find out how traders should trade FB by getting the free full report here:

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