Short
CHK Short term perspective
Hello All,
Short trade. I placed a PUT at $4.96 and it may bounce on that lower trend line.
Stochastic RSI is rearing its way downward.
OBV_OS is also rearing its way downward.
I drew my 5 impulse subwaves of a potentila larger wave 1 and I see this retracing a bit.
I will flip my position pending on a daily chart though.
Again this very short trade.
Short trade. I placed a PUT at $4.96 and it may bounce on that lower trend line.
Stochastic RSI is rearing its way downward.
OBV_OS is also rearing its way downward.
I drew my 5 impulse subwaves of a potentila larger wave 1 and I see this retracing a bit.
I will flip my position pending on a daily chart though.
Again this very short trade.
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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.