Chart courtesy of stockcharts

Shares of Sirius Satelite were up today nearly 5% to $3.31. Stock broke out the major resistance of $3.28, and for the first time since the begin of this year closed above its 200 dma, wich will push more investors to enter in stock again. The daily chart above are still showing a continuation of this new uptrend with MACD and RSI in the Bullish areas, however in very near to reach overbought conditions. Presntly, overall indicators are all in favour of Bulls with K line above D line, MACD above 0 and CCI above 100, however I won't be a surprise for a small profit taking near these levels. I'm start to be more Bullish on Sirius than I was before, but let see tomorrow performance.