The Long Investor
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$SIRI
🕑 Added 2025-04-09 17:06:06 +0000 UTC$SIRI and $OXY get a lot of attention because when Buffett was selling overvalued positions like $AAPL and $BAC, he was adding $SIRI and $OXY, both of these adds are below his buy zone but do we think Buffett is concerned buy this?
No.
It makes zero difference to him.
He evaluated that they were undervalued and added, and just because the price is lower he will believe he is getting it at a cheaper price, until the fundamentals change, so I would not be surprised to see another add here soon.
The wedge apex and the 0.78 Fib and aligning very well here at $17.90, so this will be a level of interest to hold for support.
