I am not buying $CHK after another downgrade by Lazards.
Chesapeake Energy Corp will only be attractive when it crosses the Bollinger band upwards.
Too many bearish signals.
It crossed below its 200SMA line. There was no support.
And it looks like it is going to form another downtrend wave, and forming a new low.
CHK will be back in the radar below $22 or a cross above the middle bollinger band.
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