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CHK Exists It's 1-Year Declining Channel

Tags: declining
CHK has now exited its 1-year Declining channel but we can't exactly call it a breakout.



click on image to enlarge



CHK is more of a multi-month sideways stumbling that is creating a new super small horizontal channel that will give it its break out level if it happens.


Trade well my friends

Alan





This post first appeared on The Stock Market Viewpoint, please read the originial post: here

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CHK Exists It's 1-Year Declining Channel

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