CHK Cohiba Minerals (ASX)Continue downtrend, buy zone at .006 depending on reaction, no divergence just negative looking for this one. I put an alert at the level and I'll have a look if it is hit.
CHK
CHK 20 double bottom - Med term Targets -Falling wedgePrice hasn't been here since Feb of 1999 and if it plays out like I think it will, I'm gonna party like it's 1999. Three-year falling wedge along with the fact that upwards of 4.75 million shares were bought by whales today, I think I'm def long at this level. Targets shown by price bubbles are obviously zones and not exact to the cent but, this should give an idea of where to take profits.
CHK long targets .95 and 1.60 zonesWith a massive bullish RSI divergence on the daily and weekly charts, CHK has a good shot at hitting targets shown here first being .95 region with 1.60 being the long hold target.
Who Passed The Gas ?winter coming up, Natural Gas spot has already broken out - NGS appears to be lagging, presents a good long opportunity
low liquidity/ low market cap adds to the risk reward balance
The guys on TIP The Investor's Podcast typically have good calls, look at the BBBY returns (from $9.00)
Chk longForgot to post this but I try to post all my trades. Bought in with an average of .6093, up 15% so far.
Severely undervalued. I’m regurgitating what I read online but between selling off some assets to clear some debts off the books and their good mgmt team + paired with increase oil prices should drive demand up for opportunities to increase their revenue.
I don’t have a sell target yet. I think this could easily run to 1.50+ And will be waiting till I see signs of a reversal on a higher time frame like 1d candles
Chesapeake Energy Corp. is my analysiswill receive an additional loan package worth $ 1.5 billion from a group of banks such as JPMorgan, Morgan Stanley, Bank of America MUFG
where you are very good analysts, and I think they are unlikely to be approved a loan in the same amount knowing about the risks.
Accumulate CHK from NOW!!Quality, instead of quantity of trading ideas . Ill post a couples greats ideas in a year but thats it.
I called CHK to go under 1$ on my last chart.
Today i say start to accumulate everything you can in CHK!!!
Everytime CHK drop by 0.10$ under 1$ add more.
It will never get to 0$.
Trade at your own risk because there is none, the only risk is you on panic !! Doing something very stupid like buying ultra low and selling lower. The stop is 0$ or dont trade.
CHK before 30% drop... I suppose the exchange rate is building another declining fractal. Its size may be the same as the size of the first fractal shown. In this case, the exchange rate could be around 0.53 usd. I also assume that you can turn from this level. At this level, I'm expecting a reverse split based on technical considerations. I expect its size to be around 1/10.
AI Vision CEO Retires Predicting Chesapeake Energy Bankruptcy Alex Vieira named publicly Chesapeake Energy a SCAM since $22 and worthless since $11. He also referred to Carl Icahn as a human aberration
CHK - DAILY CHARTHi, today we are going to talk about CHK
We observe a D1, some important points. The details are highlighted above.
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CHK Double Bottom Or Another Fake-Out Coming?Is The Energy Sector Signalling Chesapeake CHK A Penny Stock To Buy Or Sell Right Now?
" One of the bigger reasons behind the company’s actual decline was the fact that after having fallen down the pecking order among natural gas companies, it made a shift to oil exploration. The switch may be explained by the higher prices of oil as opposed to that of natural gas. But the switch has resulted in weakening the company.
"
Source: Best Penny Stocks To Buy Or Sell: Chesapeake Energy (CHK)
Elliott Wave View: Chesapeake Energy should See More DownsideElliott Wave view on Chesapeake Energy Corp (ticker symbol: CHK) suggests the rally to 2.17 ended wave (B). This suggests the stock has turned lower in wave (C) and can break below August 7 low (1.26). The stock however needs to break below 1.26 to confirm the bearish view and avoid a double correction in wave (B).
Down from September 16, 2019 high (2.17), wave ((i)) ended at 1.92 and wave ((ii)) ended at 2.15. The stock then extends lower with separation in wave ((iii)) towards 1.58 and wave ((iv)) bounce ended at 1.68. Internal of wave ((iii)) subdivided into another impulse in lesser degree.
Wave ((v)) is currently in progress and expected to complete soon. The 5 waves impulsive move lower should complete wave 1 in higher degree. The stock should then bounce in wave 2 to correct cycle from Sept 16 high (2.17) before the decline resumes. Bounce should find sellers in the sequence of 3, 7, or 11 swing for further downside as far as pivot at 2.17 high stays intact.
CHKCHK’s innovation outlook is neutral based on a current score of 49 out of 99, outperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is neutral. CHK is an Average Performer in terms of sustainability. It is most exposed to The Williams Companies, Inc. as its supplier. Over the past 4 quarters CHK beat earnings estimates 2 times.
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$CHK Trade Idea $CHK. This set up is very similar to the other Idea of mine with $SLCA. As you can see, the price recently pulled off of its downtrend along the BB, and traded very close to the recent 52 week low. We experienced some strength today since the low set yesterday, but to feel comfortable with this trade I also would like to see it move through the 21 day MA. The RSI on the daily chart also suggests the stock was oversold, and even though it does not show true bullish divergence, the RSI has been steadily moving higher while the price has moved lower. The gap from may 22nd needs to be closed, and is a good point to watch for. This again is purely a technical trade, and for short term potential. I would like to see this stock make a run to the recent highs, but a few resistances need to be broken before that happens. I also believe there is not much downside to this stock unless it trades well below its previous 52-week low, in which I will re-evaluate before getting stopped out.
This trade could go horribly wrong, and the stock could sink. The true bullish divergence might not have happen yet, in which case I may be in the market too early. Who knows? For now I am playing this one from the long side. We shall see how this plays out.
Cheers,
Les
Everything here is purely my opinion, and in no way advice or recommendations on making trades. I may or may not hold positions in the instruments I analyze.
NYSE:CHK
CHK price touched strong support lineCHK price touched strong support line. Possibly buy. wait for 200 ma cross. I also watcing this one
Coal RollinTRUMP 2020 euphoria to boost Appalachia
parabolic drive down #2, can probably extend to $20.000 on a lower volume day/ week. attempt to catch exact bottom is risky
