"CHK" on my watch list. Monitoring the stock movement very closely. Couple of factors on the table
1. RSI is going bottom in daily trade.
2. MACD also looks attractive.
3. Barclays Analyst Downgrade the stock last week.
4. Oil price is going up because of Canadian Wild Fire.
5. Oil Also touching the Overbought Territory.
I am not going to take this trade right now. But I will watching the double bottom RSI, Price Movement of Oil, Gas and It's Daily volume. But this stock really looks attractive to make couple of thousands bucks.
1. RSI is going bottom in daily trade.
2. MACD also looks attractive.
3. Barclays Analyst Downgrade the stock last week.
4. Oil price is going up because of Canadian Wild Fire.
5. Oil Also touching the Overbought Territory.
I am not going to take this trade right now. But I will watching the double bottom RSI, Price Movement of Oil, Gas and It's Daily volume. But this stock really looks attractive to make couple of thousands bucks.