CMLS - Cumulus Media, Inc. - NASDAQ

[Dr PennyStock]

Daily Chart: http://stockcharts.com/h-sc/ui?s=CMLS&p=D&b=5&g=0&id=p91984912395

Weekly Chart: http://stockcharts.com/h-sc/ui?s=CMLS&p=W&b=5&g=0&id=p49375000488

News: http://finance.yahoo.com/q/h?s=CMLS+Headlines

Business Summary: Cumulus Media Inc. owns and operates radio stations in the United States. It sells commercial advertising time to local, national, and network clients on its radio stations.

The company owns and operates approximately 460 stations in 90 United States media markets; and approximately 8,500 broadcast radio affiliates and various digital channels.

As of December 31, 2014, it provided sales and marketing services for 11 radio stations in the United States under local marketing agreements.

The company was founded in 1997 and is headquartered in Atlanta, Georgia.

Company Website: http://www.cumulus.com

[Dr PennyStock]

Today is crucial for this stock, due to the proximity of the MA50. I expect some volatility, but, the breakout of the MA50 soon.

[Dr PennyStock]

Strong accumulation between .33 and .34, let's see if it shoots up near the close or tomorrow.

[Dr PennyStock]

With the market recovering, and, touching the .23 - .22 support, it may run now.

[Dr PennyStock]

This is a crucial moment, it is trying to break the MA50 and the PAR SAR at once. It is not easy, but, the ADX already gave buy signal, so it is maybe possible.

[Dr PennyStock]

It has broken the PAR SAR yesterday, and, is now above the RSI50 line, the MOMO zone, so it may run further to .43 - .44.

[Dr PennyStock]

It has closed aboce the MA50, and, still has room to run, the RSI and +DI are still low. I think it can test .43 - .44 on the next days, if the market continues to recover.

[Dr PennyStock]

Another low float with big swings. On watch.