Long
Channel Still in tact after Beat down on 4/6/16
I'm still long on 
CHK and got shares under $5. The channel remains in tact, gaps appear to be filled. There has been 2 successful breaches on the money flow index, that gave rise to share prices prior to the decline. Imo, we were due for a decline. I will post another chart showing a green cloud on the 3hr chart which is starting to act as support
CHK and got shares under $5. The channel remains in tact, gaps appear to be filled. There has been 2 successful breaches on the money flow index, that gave rise to share prices prior to the decline. Imo, we were due for a decline. I will post another chart showing a green cloud on the 3hr chart which is starting to act as support
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Related publications
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.