CHK daily bullish hammer at MA 100 retest gap and good volume. Stop loss below MA 100, take profit at next resistance. Gotta be short since countertrend and earning are ahead of us.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
The is a big probability price will going up to the 46.57 level if we have a strong break for the 35 level
However If we have a strong break to the down side we can see the price going down to the 22.5 Maybe 21.03 Why NOT
Understanding The trade:
As an options trader my goal is to identify trend change and utilize a breakout strategy to leverage profit off of major trend changes with minimal risk. Even though this contract does not expire till 7/19 I will be looking to take profit by early July as the rate of decay factor starts to come into play as the contract approaches...
Hello Traders,
In this 1-hour Elliott Wave analysis, we will have a look at the CHK stock.
Up from 02/09/18 low, CHK it’s proposed to be nesting higher, where it ended blue wave (1) at the peak of 02/23/18 (3.45) and blue wave (2) pullback at the low of 03/02/18 (2.76).
Up from that low, current view is suggesting that the stock is in a extend blue wave (3),...
This is clearly a downtrend happening for CHK stock, according to technical analysis. If you look at the fundamental analysis side, Zacks Rank says #3 meaning hold. This makes sense because although technical analysis does not effectively work in the stock market, we can still apply the fundamental teachings of technical analysis in the stock market. From the...
