WhiskeyFibs

Hail Mary Full of CHK

Long
NYSE:CHK   None
Adding close to .1081 as possible. White and orange ranges developed from fib extensions anchored from specific price action events. The way I interpret this is I look for price to have a positive/negative reaction (depending on current direction) when entering a range to indicate possible trend reversals. This is illustrated throughout the chart as each leg end is typically within a range.
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