CHK has been on an impressive tear but looks to be forming a rising wedge on the daily and weekly charts. RSI is also approaching overbought territory. Hoping to see some pull back to the .382 area and will be looking to enter long around $4.65-$4.35 area. Upside potential here looks impressive.
First post here would appreciate feedback. RSI has been looking over extended on the daily for the past few days. Finally seeing some pull back and testing the $15.70 level of interest from February and July of 2017. Looking for possible bounce on the .236 or .382 fib levels. I still think AMD is set to have a strong year overall looking for entry around $14.75 -...
GE is fast approaching the .786 fib level and the RSI is starting to look over sold on the weekly. Further we can see there is a weekly TTM squeeze currently. This could get interesting if that squeeze fires up. Looking for entry in the $11.75 area personally.