Kevin_Lomax
Long

Time to buy $CHK again?

NYSE:CHK   CHESAPEAKE ENERGY CORP
71 0 1
CHK             has broken channel support which is an undeniable bearish sign. However, we are forming a falling wedge at support and the chart is showing that CHK             could possibly rally. My first target is the broken channel support, and if we can break that than this stock could be in for a big rally. If we did break the channel support than I would be looking for a new high to be set above 7.59. I'm waiting for confirmation and making sure that price doesn't break the low of 4-05.
Trade closed: target reached

Related Ideas

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out