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CHK Chesapeake Energy Short; BEAR FLAG

Short
d-seven  
NYSE:CHK   None
CHK chesapeake Energy Commodities Bearish Flag
0
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chk chesapeake energy bearishflag
Chesapeake Energy is a extremely weak fundamentally with a high PEG ratio. It is setting up with a Bear Flag that does not rise above the 50% fibonacci retracement level. A breakdown below $18.20 would trigger a short position.

Owner of Grok Trade; trader of 17 yrs.

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