Thursday, May 31, 2012

Chesapeake Energy Chart

4 hour - CHK
The 16 level held firm this week.. which today has the move off 16 has been very convicting into the 17 level.. over 17 could convert into a test of 18.75.

If patient a buying opp off the 15.50 to 16 would be a more ideal if not trying to chase.. though 17 may convert into support after today..

15 min CHK
weekly CHK