Hi traders,
Turning our attention to Chesapeake Energy Corporation (CHK), we can observe a potential bullish reversal pattern forming—a Double Bottom.
Chesapeake Energy is an American energy company primarily engaged in the exploration, development, and production of oil, natural gas, and natural gas liquids. The company has been strategically divesting non-core...
If you haven`t bought CHK before the previous earnings:
Then analyzing the options chain and the chart patterns of CHK Chesapeake Energy Corporation prior to the earnings report this week,
I would consider purchasing the 92.50usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $0.95.
If these options prove to be profitable...
Chesapeake Energy (NYSE: NASDAQ:CHK ) has announced significant adjustments to its operations and spending plans. The company's proactive approach, highlighted by cutting output and reducing capital expenditure, underscores its commitment to adaptability amidst market fluctuations.
The decision comes in response to a confluence of factors, including a mild winter...
Chesapeake Energy Corporation is an American exploration and production company, headquartered in Oklahoma City. In 2021, the company produced 463 thousand barrels of oil equivalent per day, of which 69% was natural gas, 24% was petroleum, and 7% was natural gas liquids.
Swing buy/long candidate.
In a strategic move to strengthen their position in the highly competitive energy sector, Chesapeake Energy and Southwestern Energy have announced a groundbreaking $7.4 billion all-stock merger. The deal, set to form one of the largest natural gas producers in the United States, comes at a crucial time for the industry, marked by a series of high-profile mergers...
If you haven`t bought CHK here:
Then analyzing the options chain and the chart patterns of CHK Chesapeake Energy Corporation prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $2.20.
If these options prove to be profitable prior to the earnings...
The Q2 earnings season began in August. Data for this asset are released today. The recent behavior of the price indicates that there may be a resistance breakout. The most important are the last three sessions on the chart where ultra high volume appeared. Additionally, on the Wyckoff Chart Volume Indicator we see very high volume on down swings but no progress...
NASDAQ:CHK
If the price of CHK breaks above the bullish line of $84.74, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price could be set at $87.00.
Conversely, if the price of CHK breaks below the bearish line of $80.35, it may suggest a bearish signal, implying potential downward price movement. In...
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Hello Traders ✌
Here are some situations to keep on the radar screen while waiting...
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.
Looking at the CHK Chesapeake Energy options chain, i would buy the $105 calls with
2023-1-20 expiration date for about
$9.00 premium.
Looking forward to read your opinion about it.
Buy (Entry Price) within the buy zone area and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $88.20 / $90.14
Target Price: $89.71 / $92.20
Stop Loss: $86.69
