Chesapeake Energy Corp (CHK)

[KING_TRADER$]

This is the turning point for CHK, along with other Energy companies in the sector. With OPEC agreeing to cut production and Russia agreeing with the cut. This is the first cut since 2008. More gains will be coming for the Energy sector and CHK. We shall see $60 a barrel as quickly as the first quarter of next year, which is March. By next year end, it will be stabilizing at $70 due to high demand. What does high oil means for Energy Sector? Higher profitability.

Energy Sector: XOM, CVX, CHK, PBR, MUR, etc. all has been a downturn since Oil's price drop. With the recovery of Oil, we shall see more upside coming for the energy sector. This is the time to add energy stocks to the portfolio after the beat down. Big shorts are on these stocks. Watch for the short squeeze, watch for the big money pouring in. Investors will be buying up these stocks on a daily/weekly basis.

I was a technology investor before. Now, I'm seeing a big turn around and huge opportunity for the Energy sector. BULLISH!! Do not go against the BULLS...GLTYA! Next stop is $10 for CHK