The next cyclic trading sector in media is Paper industry.
Expectations: Price hike & Margins
Pattern Formed: Inverted H&S pattern
An inverse H&S is similar to the standard head and shoulder pattern but inverted: With the head & Shoulders top used to predict reversals in downtrends.
An inverse head & shoulder pattern, upon completion, signals a bull market.
Investors typically enter into a long position when the price rises above the resistance of the neck line.
From the trend reversal:
Entry around 165-170
Target 250 in medium term.