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CHK Chesapeake Energy Corporation
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CHK Chesapeake Energy Corporation

  #1 (permalink)
Trading Apprentice
Orange County, CA
 
Futures Experience: Intermediate
Platform: TC2000
Favorite Futures: stocks
 
Posts: 16 since Feb 2013
Thanks: 1 given, 3 received

CHK Chesapeake Energy Corporation

Looks set to break out?...needs to rise above 22.00 area, but looks good. we'll see, the market hasn't had a rest in a while.

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  #2 (permalink)
Quick Summary
Quick Summary Post



Last edited by Big Mike; March 13th, 2013 at 09:40 PM.
 
  #3 (permalink)
Trading for Fun
Nashua, N.H.
 
Futures Experience: Intermediate
Platform: TC2000 & Omni Trader
Favorite Futures: stocks & etf's
 
Posts: 50 since Feb 2012
Thanks: 1 given, 5 received


Everything you said it true, ... If you're wondering where it or the market will be next week or next months etc. - no one knows. Some may tend to think they do, ... don't believe them. If you're a trader, then hopefully you have a "plan, system or method" - use it & best of luck.

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  #4 (permalink)
Trading Apprentice
Orange County, CA
 
Futures Experience: Intermediate
Platform: TC2000
Favorite Futures: stocks
 
Posts: 16 since Feb 2013
Thanks: 1 given, 3 received

I took a position on CHK at 20.01 on March 1. I thought it was a high probability trade; it dipped to 19 soon afterwards, but has rebounded since thankfully. I can speak only for myself to say that I certainly don't know and can't forecast the future of a stock price. Some trades go my way, but many many don't.

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  #5 (permalink)
Trading Apprentice
Orange County, CA
 
Futures Experience: Intermediate
Platform: TC2000
Favorite Futures: stocks
 
Posts: 16 since Feb 2013
Thanks: 1 given, 3 received

I added to my position Monday at 22.51 as I had obviousley thought it was heading higher, but today CHK closed down at 21.04. It still looks good though, we;ll see if it holds these level or not.

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