CMG Holdings Group Inc (CMGO)

[StockScout1]

CMG HOLDINGS GROUP (NASDAQ:CMGO) Uptrend Up Arrow Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Based on a pre-defined weighted trend formula for chart analysis, CMGO scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

+10 Last Hour Close Above 5 Hour Moving Average
+15 New 3 Day High on Tuesday
-20 No Data for 20 Day Moving Average
+25 New 3 Week High, August 13th
+30 New 3 Month High on May 14

+80 Total Score