Chart courtesy of stockcharts

XM Satelite radio shares closed the day with another strong upside movement, closing at $14.84. Shares don't stop !!! Looking at the daily chart XMSR has had a nice run over the past days and made a nice trend higher, shares have broken out during this week the major resistance of $13. Overall indicators are all in favor of Bulls with K line back above D line and MACD back above 0, however RSI already reached Overbought conditions, so a pull back may occur. Let's see !!! Wait for Monday.....