Chesapeake Energy Corporation Bullish

Chesapeake Energy Corporation Bullish

Chesapeake Energy Corporation has been in Downtrens since December 2016. The resistance line has been tested 4 times since ultimo 2016 and resistance line hold the price perfectly every time – until now.
Right now we see a Cup and Handle Pattern, which generate a bullish signal when the Pattern is complete.

To see a complete Cup and Handle, we need to see the price retesting supportline.

Chesapeake Energy Corporation Bullish

Chesapeake Energy Corporation Bullish

Read about more Patterns here

Be ready to trade on Chesapeake Energy Corporation buy signal when retesting are complete.

Wish you good luck with your trading.