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	Comments on: CHK: Round 2?	</title>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/chk-round-2/#comment-1267</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Mon, 11 Apr 2016 15:52:27 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/chk-round-2/#comment-1262&quot;&gt;pangblood&lt;/a&gt;.

Could be a bullish pennant although a bit on the bigger end in size (relative to the flagpole) of what some might consider a pennant. Regardless, the net effect is the same whether it is a pennant or a falling wedge: A break above (which we have today) is a bullish technical event.
I had started buying CHK in pre-market with the intention of adding but I&#039;d like to see some follow-thru with more impulsive buying, especially a pop over the earlier highs from this morning before adding.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/chk-round-2/#comment-1262">pangblood</a>.</p>
<p>Could be a bullish pennant although a bit on the bigger end in size (relative to the flagpole) of what some might consider a pennant. Regardless, the net effect is the same whether it is a pennant or a falling wedge: A break above (which we have today) is a bullish technical event.<br />
I had started buying CHK in pre-market with the intention of adding but I&#8217;d like to see some follow-thru with more impulsive buying, especially a pop over the earlier highs from this morning before adding.</p>
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		<title>
		By: pangblood		</title>
		<link>https://rightsideofthechart.com/chk-round-2/#comment-1262</link>

		<dc:creator><![CDATA[pangblood]]></dc:creator>
		<pubDate>Mon, 11 Apr 2016 13:26:48 +0000</pubDate>
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					<description><![CDATA[Could this also be a bullish pennant? Also I&#039;m guessing this trade would imply some more head room for the energy sector and oil.]]></description>
			<content:encoded><![CDATA[<p>Could this also be a bullish pennant? Also I&#8217;m guessing this trade would imply some more head room for the energy sector and oil.</p>
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