Updated
CHK - When to Enter?
A lot of information on a little chart.
Basically, neutral at this point but closer to a buy than a sell.
Would not enter until price fully tests the 52 week low as $1.16 may be a steal for entry (barring that it holds as support)
**Not trading or investment advice**
Basically, neutral at this point but closer to a buy than a sell.
Would not enter until price fully tests the 52 week low as $1.16 may be a steal for entry (barring that it holds as support)
**Not trading or investment advice**
Note
black downsloped line is "small" resistance, red downsloped line above it is a major resistanceNote
Looking closer you can see a small downtrend channel we need to break out of! Not an entry point yet:Note
Note
In @ 1.14 - keeping close S/LTrade active
Note
looking for this to hold, and break up Note
stop loss set @ 1.01 as this would invalidate ascending triangle. If breaks, ill look for re-entry lower.Trade closed manually
s/l hit gl to all
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.