CHESAPEAKE ENERGY GROUP : TARGET HIT, POSSIBLE REVERSAL DOWN
Price hits the sliding parallel which is the same as the ceiling of the green channel.
Overall trend is up as defined by the green channel.
We can expect to see price retracement next week if price breaks below low of the previous candle.
Overall trend is up as defined by the green channel.
We can expect to see price retracement next week if price breaks below low of the previous candle.