Chesapeake Energy Corp (CHK)

[hyborianwar]

i second your thoughts.. but i missed half the day and after looking at the charts it more confusing.. i believe shorts are def involved in running it down although CL rose quite a bit after 12:30.. 3.85 has to hold imo.. i called 4.20/3 resistance and although 4.25 hit resistance sure stayed in play. $4.20 must become support.. RSI looks better on the DMA so a few more days of sideways setting higher highs and NOT lower lows is the game I'm looking for now.. BIG buys at eod look interesting especially if CL is higher AM! GLTA