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 United States. It operates in three segments: Publishing, Broadcast, and Interactive Media. The Publishing segment offers daily and Sunday
newspapers in Virginia, Florida, North Carolina, Alabama, and South Carolina. It publishes 24 daily newspapers, including The Tampa Tribune, Richmond Times-Dispatch, and Winston-Salem Journal; and approximately 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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