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workingtraders

Short Idea for $CHK

Short
Chesapeake Energy Corporation (BATS:CHK)  
workingtraders  
BATS:CHK   Chesapeake Energy Corporation
4
2
Break of the bullish trend line.
MACD is suggesting buyers are exhausted.
This whole sector looks tired.
About 3% risk for 20% reward.
Looking to confirm with break of 20 day moving average.
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