CHK: EMA/MACD very bullish

Tags: Chesapeake Energy Corporation, CHK
10 Apr 5:11am

Chesapeake Energy Corpo

CHK (NYSE)

Forecast has expired Ended: Thursday May 10, 2007

Target

$34.19 and above

$1.60 (4.9%)

Time Span:2wks to 1mth

Final

$24.21

-$8.38 (25.7%)

Recommendation

Rating:Buy

Risk:Very High Risk

Stop Loss Price:$30.89

Final XP: 671

Target not reached

Analysis

BUY: Chesapeake Energy Corporation (NYSE: CHK) $32.56 (4/9/07)

Sell price: $34.19 or
Sell date: May 9, 2007
Stop loss: $30.89 (-5.1%)

EMA/MACD very bullish
Stochastic analysis bullish
Strong bullish 3 day chart pattern with Strong 3 day accumulation.
Strong CMF (10)

Refer to original blog posting here.

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