Cumulus Media Inc. (CMLS) Video Chart for Monday, August 6, 2012
The Cumulus Media chart made a solid move on Friday on a dramatic increase in volume. The chart is interesting because it has now climbed to an area of resistance while the indicators are leaning towards bullishness and signaling a potential overall reversal. From a broader perspective, the chart could possibly be in mid-stage for an inverted head and shoulders pattern. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below: