MEG Energy (MEG.TO) demonstrates a promising uptrend, marking its return to the Favored Zone in the SIA S&P/TSX Composite Index Report for the first time since early December. The stock has shown remarkable relative strength, ascending 55 positions in the last month alone. Notably, MEG.TO has resumed its upward trajectory, breaking past key resistance and potentially signaling the end of its recent consolidation phase.
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