CHK Swing Trade

July 16th, 2009, 03:13 PM

Well my original post with charts

I am not sure if this is the best place for the post, and I am sure some are going to disagree with my analysis, but....

I am a big speculator in oil right now, and not in futures, mostly equities. CHK has been one of my favorite to ride, and I have …

said that I thought CHK would hit at least 22-23, I still have one more day. I cashed out half of my position for a nice sum of money, and waiting to collect the rest. I bought the highest at 17.63, and lowest 17.25. Currently as of this writing the stock is trading at 19.67. I still have 150 shares left and I am very positive of my original thought. If not I still made money and will cash out the rest of position on friday so I do not hold over the weekend.

July 16th, 2009, 03:20 PM

Excellent trade

July 17th, 2009, 08:48 AM

Thanks for the feedback!

CHK Swing Trade

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CHK Swing Trade