CHK Counter Trend Trade Idea (Swing)

2019年11月29日

Chesapeake Energy stock has been hammered over the past few months. Here's an opportunity to make some money against the trend. Mid-term time-frames are showing an over extended price to the downside when short-term time-frames are showing that the bulls are starting to show some life. This is a swing trade idea with a stop-loss at the previous low at .55. When trading against a bigger trade stop-losses must be respected. If stop is hit we will exit and hunt down a lower re-entry.

Entry: $.60
Target 1: $.80
Stop: $.55

2019年12月5日

註釋

Target has been reached for a 33% profit within one week of holding.

2019年12月7日

註釋

Hope partial profits were booked at target 1. I've set target 2 at the key psychological level of $1.00.

2019年12月21日

註釋

Target 2 was hit for a 65% profit on our entry!