SIRI stock is showing significant support from the 1.27 to 1.30 level. Stock traded this way in the 1.18 to 1.21 range where it found similar support and I look for it to make another leg up here to the 1.37 to 1.40 by the end of next week. Its going to start getting more volatile with wider spreads as it moves higher. Everything is looking good as the techs are concerned. I believe for the stock to continue the rally beyond that point there will have to be some news that is positive or we could face a significant correction in price at that point. Stock is way out front of its fundamentals imo. However, its hard to stop a train in waiting on the Stern news and earnings. I would look for a short term sell target range to be 1.37 to 1.40 without news. with news at that point look to break out close to the 1.50 mark.