Comments on: CHK Trade Idea https://rightsideofthechart.com/chk-trade-idea/ Stock Trading, Investing & Market Analysis Wed, 23 Aug 2017 01:02:10 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Lisa Trading https://rightsideofthechart.com/chk-trade-idea/#comment-980 Wed, 02 Mar 2016 20:12:27 +0000 http://rightsideofthechart.com/?p=170060#comment-980 In reply to vick.

It happened so far. I couldn’t sell on time and got out at 3.45!

]]> By: vick https://rightsideofthechart.com/chk-trade-idea/#comment-979 Wed, 02 Mar 2016 20:09:45 +0000 http://rightsideofthechart.com/?p=170060#comment-979 I got out at 3.64… thinking of getting back in at 3.35/36.. will see how the chart plays out.. looks like it cooling off from the extended run now

]]> By: Lisa Trading https://rightsideofthechart.com/chk-trade-idea/#comment-978 Wed, 02 Mar 2016 19:58:41 +0000 http://rightsideofthechart.com/?p=170060#comment-978 Are you saying we should take profit after the 1st target gets hit? Thanks!

]]> By: rsotc https://rightsideofthechart.com/chk-trade-idea/#comment-977 Wed, 02 Mar 2016 19:50:17 +0000 http://rightsideofthechart.com/?p=170060#comment-977 So far, this bullish pennant has been textbook, with CHK consolidating on low volume within the pennant, then breaking to the upside on the high volume similar to the move leading up to the pennant formation. Although the pattern measures higher, I favor the first significant reaction around the 3.70 resistance level (daily chart) in which my first price target is placed just below.

]]> By: rsotc https://rightsideofthechart.com/chk-trade-idea/#comment-976 Wed, 02 Mar 2016 19:01:33 +0000 http://rightsideofthechart.com/?p=170060#comment-976 In reply to Lisa Trading.

Glad to hear that Lisa. I get just as much value out of the forum from other traders & investors. For example, as soon as @vickthomas mentioned CHK in the trading room, I remembered it was on my radar recently, pulled up my chart (which was already annotated) and noticed that CHK had just taken out the key 3.03 resistance level as well as the short-term downtrend line. I must have neglected to set a price alert but thanks to Vick, I was able to get in right before that first big rip following the breakout. Can’t declare victory yet, as I haven’t sold but I should this one continue higher & play out, I would have missed an entry if it weren’t for his mention of the stock. More eyes on the market translates to fewer missed opportunities.

]]> By: Lisa Trading https://rightsideofthechart.com/chk-trade-idea/#comment-975 Wed, 02 Mar 2016 18:47:54 +0000 http://rightsideofthechart.com/?p=170060#comment-975 In reply to rsotc.

Really appreciate your input. I’m new to the forum and have found your postings very helpful! :)

]]> By: rsotc https://rightsideofthechart.com/chk-trade-idea/#comment-973 Wed, 02 Mar 2016 18:11:44 +0000 http://rightsideofthechart.com/?p=170060#comment-973 In reply to Lisa Trading.

YW Lisa. Tried my best to get that chart & notes out asap as by the time I saw @vickthomas ‘s post, CHK had already just barely broken above the 3.03 breakpoint. CHK sat there for a bit, contemplating the breakout but right after I sent that post, it started moving up sharply on volume… so far a good sign. Taking a breather now but looks good as long as it holds above the 3.00 area. G-luck!

]]> By: Lisa Trading https://rightsideofthechart.com/chk-trade-idea/#comment-972 Wed, 02 Mar 2016 18:02:37 +0000 http://rightsideofthechart.com/?p=170060#comment-972 Thanks Randy!

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