ClearWaterTrading
Long

Price above MA 100 and MA 50

NYSE:CHK   None
Its been almost 180 trading days since the last time the price of Chesapeake Energy has closed above daily MA 100 . A large correction its feasible as long price stays above MA 100. Therefore, its good to go long at market with an initial target at 120.00
Order cancelled: $CHK “Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans
Shale gas pioneer Chesapeake Energy, once worth $37.5 billion, has warned of a possible Chapter 11 bankruptcy filing in order to restructure some $9 billion in debts.”

Comments

Fear monger is everywhere it’s so obvious that Monday and Tuesday is the big movement for CHk! Don’t miss the money and don’t listen on this bullshit news
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Whats a good entry point if you want to buy this?
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@audrics1999, Better not to trade this one. Outlook for Chesapeake Energy is quite complicated
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You go ... LONG, Longer, longest, folks who are investing in FOMO bankrupt companies who are not market savvy, hopefully, learned a lesson with this and didnt loose everythihng.
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@psolomon,Thanks for your concern, but Im doing great, thank you. This is not my first rodeo. Perhaps, since you seem to be quite savvy at trading, you should share your vast knowledge in a proactive, positive way instead of just trying too mock others.

Cheers.

Carlos
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What about the filing for bankruptcy last night?
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@WTFpattern, Trade has been cancelled ...$CHK “Chesapeake Energy Shares Halted By NYSE Amid Reports of Chapter 11 Bankruptcy Plans
Shale gas pioneer Chesapeake Energy, once worth $37.5 billion, has warned of a possible Chapter 11 bankruptcy filing in order to restructure some $9 billion in debts.”
Reply
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