CHK
CHK Update: Uranium producers await US presidential decisionReflecting on our positions and where this trade is likely to trade
Update CHK: Ascending triangle ready to breakout!Section 232 Uranium tariffs this month is likely to be a driver on the natural gas price ultimately pushing Chesapeake higher!
Natural Gas low in place, 20% upside from here!With section 232 Uranium tariffs around the corner, natural gas is lining up perfectly for an event-driven opportunity to get long!
Update CHK: Position is hedge but performing VERY wellChesapeake is likely to see some real buying into April if section 232 tariffs on Uranium are passed (high probability)
UPDATE: Why is USOIL rallying?Would love to hear your perspective in the comments sections below!
Have a wonderful day!
IMPORTANT LESSON: Chesapeake Energy (CHK) dropped 8%, what now? When investing in single stocks there is balance sheet risk, in this case, its the CoCo Bonds that worry me so CHK has to be part of a diversified portfolio.
WEEKEND REVIEW: Natural Gas is oving as expected, target >$7Our wave 2 low from support looks to be holding strong. I believe the wave 3 has started and section 232 tariffs on Uranium as likely to be the driver moving forward.
The target for Wave 3 is above $7, section 232 announcement is in April.
UPDATE: Nat Gas part II, 200% upside in CHKI don't like to post about single equities due to the balance sheet risk they propose, this is a company I have bought to take advantage of the outcome of section 232 as mentioned in the earlier update on Natural Gas.
manage your risk effectively and don't be a blind sheep, this is not advise!
UPDATE: Option BUYERS in Nat Gas will win this round The catalyst for nat gas moving forward is Section 232 tariffs on Uranium, the decision is on April 19'
