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Apr 10, 2024 3:05 AM

CPK - Big moving coming?  

Chesapeake Utilities CorporationNYSE

Description

This chart has gone through ample consolidation.

Once this pattern breaks its going to be a very powerful move.

Being the fact that were seeing a bullish shift in Utilities and gas & Oil, we think this name is setting up for a upside move.

if Nat gas makes a true bottom this name will likely outperform.

This is a lighter volume name so trade with caution.
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