Lots of selling today, still looking at an entry based on the gap from 11/30. Entry 1 penny above the high of that day and stop placed at the low of that day.
Another Go at CHK. Had a great trade last time, looking for a new entry on this retest gap. If it pulls back this far, the bounce should be quick.
OPEC oil cut agreement bodes well for companies like $CHK. Can target 14 in the fullness of time
After having gone through my usual routine of screening for high implied volatility rank/high implied volatility underlyings for plays this coming week, one thing stands out: the implied volatility is in petro, with stocks like CHK, SDRL, WFT, PBR and the like rounding out my top 10 IV list.* With OPEC talks approaching here, and "friskiness" in petro-based...
Resting Period on the Hourly chart after big move up. If CHK breaks bullish I'll be looking to enter a long position with a stop limit buy at $6.15 and a stop triggering upon fill at $5.95
CHK has been following a 'megaphone' pattern, should make a push to 7 if oil stops going down
If it doesn't break out the triangle soon, this thing is going down
high MACD and High OBV
CHK is in uptrend on 4h chart but it's reaching a strong level to break. I'm looking for a pullback with more than 25% potential gain. If it breaks the level posted on chart the wave up could be very huge.
I filled a substantially similar setup to this yesterday, but didn't have time to post. It still looks good today, even though price has popped a bit. Buy 100 Shares at 6.20 Sell Sept 30th 6.5 call Entire Package: 5.70 ($570) Max Profit: $80 (14% ROC, if called away at 6.50)
large differential with oil and all technicals look topped out
Chesapeake seems to be doing a good job improving their financial position and the technical analysis agrees! If a close above the cloud triggers the long signal, I see $8 as the first target, with $12 a little farther down to road.
Close to double bottom. Long term hold on this company if purchasing stock.
I am holding a short-term bearish outlook on Chesapeake Energy Corporation in response to a few technical indicators. 1. Large selling volume that occurred first thing yesterday morning. 2. Nearing a bearish MACD crossover on the 1hr time frame. 3. Possible descending triangle pattern forming on the 1hr time frame. Still a novice to identifying chart patterns so...