curtmelonopoly

$CHK 4.17 PT on possible reversal if upside channel breaks.

Long
NYSE:CHK   None
$CHK 4.17 Price target on possible bullish reversal if upside channel breaks.

Trading 2.82 premarket up 7% on earnings. "Chesapeake's profit tops estimates on higher output, prices": https://finance.yahoo.com/news/chesapeakes-profit-tops-estimates-higher-124155507.html?.tsrc=rss

Watch for possible upside target should Chesapeake price action break down channel resistance.

Watch for MACD continuation to bullish side.

For the complete technical analysis on this swing trading set-up, click here: https://compoundtrading.com/swing-trading-periodical-contact/

Compound Trading Group | Founder

New World Ecosystems of Decentralized Finance

#DeFi #MachineTrading #Crypto
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