NYSE:CHK   CHESAPEAKE ENERGY CORP
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I have a bullish outlook on CHK             . Monthly chart: MACD has made a crossover and is currently rising. RSI has also broke below 30.00 and is rising. Weekly chart: shows RSI strongly rising towards 70.00 which represents a good upward move. MACD also rising. Daily chart: MACD and RSI both reaching highs which can signify a small correction coming. BUY on dip. Profit target is $9.30 and stop loss is $4.80 or break of trend line.
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