Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 6/13/2013, 5 days ago, when the stock price was 9.0300. Since then MEG has risen by +6.87%.
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert.