MEG- Watch this Ascending Triangle

Media General, Inc. (MEG)

Media General, Inc., a communications company, provides news,information, and entertainment through various channels in the UnitedStates. It operates in three segments: Publishing, Broadcast, andInteractive Media. The Publishing segment offers daily and Sunday
newspapers in Virginia, Florida, North Carolina, Alabama, and SouthCarolina. It publishes 24 daily newspapers, including The TampaTribune, Richmond Times-Dispatch, and Winston-Salem Journal; andapproximately 250 weekly newspapers and other targeted publications.

Nice Ascending Triangle to Watch. Watch a bounce off the support and then wait for the break through of the other trend line forming the triangle before buying. Look for a growth up to "11."

 

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