Corto

Resistance rebound

148
CHK has shown many patterns over the last year, with 3 flags and a double top pattern, and now the stock has broken out a flag pattern and has had a partial rise and has fallen to the support trendline but has had a breakout, this position will lead to the support trendline. Also the 100 MA is providing resistance and thats where the stop is.This is also backed by the MACD divergence.

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