Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Cumulus Media Inc. (CMLS) Video Chart For Monday, August 6, 2012

|Includes: Cumulus Media Inc. (CMLS)

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:

Please see disclaimer on the QualityStocks website: